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SiriusPoint Announces Dividend on Series B Preference Shares

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SiriusPoint (NYSE: SPNT), an international specialty insurer and reinsurer, has declared a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B. The dividend has a $25.00 liquidation preference per share and will be paid on or before November 30, 2024 to Series B shareholders of record as of November 15, 2024. The dividend declaration was approved by the Company's Audit Committee of the Board of Directors.

SiriusPoint (NYSE: SPNT), un'assicuratore e riassicuratore internazionale specializzato, ha dichiarato un dividendo in contante trimestrale di 0,50 USD per azione sulle sue Azioni Preferenziali con Tasso Fisso Resettable dell'8,00%, Serie B. Il dividendo ha una preferenza di liquidazione di 25,00 USD per azione e sarà pagato entro il 30 novembre 2024 agli azionisti della Serie B registrati al 15 novembre 2024. La dichiarazione del dividendo è stata approvata dal Comitato di Revisione della Società del Consiglio di Amministrazione.

SiriusPoint (NYSE: SPNT), una aseguradora y reaseguradora internacional especializada, ha declarado un dividendo en efectivo trimestral de $0.50 por acción sobre sus Acciones Preferentes de Tasa Fija Reajustable del 8.00%, Serie B. El dividendo tiene una preferencia de liquidación de $25.00 por acción y se pagará el 30 de noviembre de 2024 a los accionistas de la Serie B que estén registrados a partir del 15 de noviembre de 2024. La declaración del dividendo fue aprobada por el Comité de Auditoría de la Junta Directiva de la Compañía.

SiriusPoint (NYSE: SPNT), 국제 전문 보험사 및 재보험사가 분기 현금 배당금으로 주당 0.50 달러의 배당금을 선언했습니다. 이는 8.00% 리셋 가능한 고정 금리 우선주, 시리즈 B에 해당합니다. 이 배당금은 주당 25.00 달러의 청산 우선권을 가지며, 2024년 11월 30일 이전에 2024년 11월 15일 기준으로 시리즈 B 주주에게 지급될 예정입니다. 배당금 선언은 회사 이사회의 감사위원회에서 승인되었습니다.

SiriusPoint (NYSE: SPNT), un assureur et réassureur spécialisé international, a déclaré un dividende en espèces trimestriel de 0,50 USD par action sur ses Actions Préférentielles à Taux Fixe Réajustable de 8,00 %, Série B. Le dividende a une préférence de liquidation de 25,00 USD par action et sera payé au plus tard le 30 novembre 2024 aux détenteurs d'actions de la Série B enregistrés au 15 novembre 2024. La déclaration du dividende a été approuvée par le Comité d'Audit du Conseil d'Administration de la Société.

SiriusPoint (NYSE: SPNT), ein internationaler spezialisierten Versicherer und Rückversicherer, hat eine vierteljährliche Bar-Dividende von 0,50 USD pro Aktie für seine 8,00 % resetbaren festverzinslichen Vorzugsaktien, Serie B, erklärt. Die Dividende hat eine Liquidationspräferenz von 25,00 USD pro Aktie und wird am oder vor 31. November 2024 an die zum 15. November 2024 eingetragenen Serie B Aktionäre ausgezahlt. Die Dividendenbeschluss wurde vom Prüfungsausschuss des Vorstands des Unternehmens genehmigt.

Positive
  • Consistent dividend payment maintains steady income stream for Series B shareholders
  • 8.00% fixed rate preference shares provide stable yield for investors
Negative
  • None.

HAMILTON, Bermuda, Oct. 31, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), an international specialty insurer and reinsurer, has announced that the Audit Committee of the Board of Directors of SiriusPoint Ltd. approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on or prior to November 30, 2024 to Series B shareholders of record as of November 15, 2024.

About SiriusPoint

SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With over $3.0 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Stable) from AM Best, S&P and Fitch, and A3 (Stable) from Moody’s. For more information please visit www.siriuspt.com.

Contacts

Investor Relations
Liam Blackledge, SiriusPoint
Liam.Blackledge@siriuspt.com
+ 44 203 772 3082

Media
Sarah Hills, Rein4ce
Sarah.Hills@rein4ce.co.uk
+ 44 7718 882011


FAQ

What is the dividend amount for SiriusPoint's Series B Preference Shares (SPNT) in Q4 2024?

SiriusPoint announced a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B.

When is the dividend payment date for SiriusPoint (SPNT) Series B shares?

The dividend will be paid on or prior to November 30, 2024, to Series B shareholders of record as of November 15, 2024.

What is the liquidation preference for SiriusPoint (SPNT) Series B Preference Shares?

The Series B Preference Shares have a liquidation preference of $25.00 per share.

SiriusPoint Ltd.

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Insurance - Reinsurance
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