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SiriusPoint Announces Dividend on Series B Preference Shares

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SiriusPoint (NYSE: SPNT), a global specialty insurer and reinsurer, has announced a quarterly cash dividend for its Series B Preference shareholders. The dividend payment of $0.50 per share applies to the company's 8.00% Resettable Fixed Rate Preference Shares, Series B, which have a $0.10 par value and $25.00 liquidation preference per share. The dividend will be paid on or before February 28, 2025, to shareholders of record as of February 13, 2025. This decision was approved by the Audit Committee of SiriusPoint's Board of Directors.

SiriusPoint (NYSE: SPNT), un'assicuratrice e riassicuratrice globale specializzata, ha annunciato un dividendo in contante trimestrale per i suoi azionisti di preferenza di Serie B. Il pagamento del dividendo di $0,50 per azione si applica alle azioni di preferenza a tasso fisso ripristinabile dell'8.00%, Serie B, che hanno un valore nominale di $0,10 e una preferenza di liquidazione di $25,00 per azione. Il dividendo sarà pagato entro il 28 febbraio 2025 ai detentori di azioni registrati al 13 febbraio 2025. Questa decisione è stata approvata dal Comitato di Audit del Consiglio di Amministrazione di SiriusPoint.

SiriusPoint (NYSE: SPNT), un asegurador y reasegurador especializado global, ha anunciado un dividendo en efectivo trimestral para sus accionistas preferentes de la Serie B. El pago del dividendo de $0.50 por acción se aplica a las Acciones Preferentes de Tasa Fija Reajustable del 8.00%, Serie B, que tienen un valor nominal de $0.10 y una preferencia de liquidación de $25.00 por acción. El dividendo se pagará a más tardar el 28 de febrero de 2025, a los accionistas registrados a partir del 13 de febrero de 2025. Esta decisión fue aprobada por el Comité de Auditoría de la Junta Directiva de SiriusPoint.

SiriusPoint (NYSE: SPNT)는 글로벌 전문 보험사이자 재보험사로, B 시리즈 우선주 주주를 위한 분기 현금 배당금을 발표했습니다. 배당금 지급은 액면가 $0.10 및 액면가 $25.00의 8.00% 재설정 가능한 고정 금리 우선주 B 시리즈에 대해 주당 $0.50입니다. 배당금은 2025년 2월 28일 또는 이전에 배당 대상 주주들에게 지급될 예정이며, 기준일은 2025년 2월 13일입니다. 이 결정은 SiriusPoint 이사회 감사위원회에서 승인되었습니다.

SiriusPoint (NYSE: SPNT), un assureur et réassureur spécialisé à l'échelle mondiale, a annoncé un dividende trimestriel en espèces pour ses actionnaires de série B. Le paiement du dividende de 0,50 $ par action s'applique aux actions préférentielles à taux fixe réajustable de 8,00 %, série B, qui ont une valeur nominale de 0,10 $ et une préférence de liquidation de 25,00 $ par action. Le dividende sera versé au plus tard le 28 février 2025 aux actionnaires inscrits au 13 février 2025. Cette décision a été approuvée par le comité d'audit du conseil d'administration de SiriusPoint.

SiriusPoint (NYSE: SPNT), ein globaler Spezialversicherer und Rückversicherer, hat eine vierteljährliche Bardividende für seine Serie-B-Vorzugsaktionäre angekündigt. Die Dividendenzahlung von 0,50 $ pro Aktie gilt für die 8,00 % rückstellbaren Festzins-Vorzugsaktien der Serie B, die einen Nennwert von 0,10 $ und eine Liquidationspräferenz von 25,00 $ pro Aktie haben. Die Dividende wird bis spätestens 28. Februar 2025 an die Aktionäre ausgezahlt, die am 13. Februar 2025 als registrierte Aktionäre geführt werden. Diese Entscheidung wurde vom Prüfungsausschuss des Vorstands von SiriusPoint genehmigt.

Positive
  • Maintains consistent dividend payment of $0.50 per share for Series B Preference shareholders
  • Demonstrates ability to meet preferred dividend obligations
Negative
  • None.

HAMILTON, Bermuda, Jan. 29, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), a global specialty insurer and reinsurer, has today announced that the Audit Committee of the Board of Directors of SiriusPoint Ltd. has 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 February 28, 2025 to Series B shareholders of record as of February 13, 2025.

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 Q1 2025?

SiriusPoint announced a quarterly cash dividend of $0.50 per share for its Series B Preference Shares.

When is the ex-dividend date for SiriusPoint's (SPNT) Series B Preference Shares Q1 2025 dividend?

The record date is February 13, 2025, so the ex-dividend date would be one business day before.

What is the payment date for SiriusPoint's (SPNT) Q1 2025 Series B Preference dividend?

The dividend will be paid on or before February 28, 2025.

What is the annual dividend yield for SiriusPoint's (SPNT) Series B Preference Shares?

The Series B Preference Shares have an 8.00% Resettable Fixed Rate.

What is the liquidation preference for SiriusPoint's (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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