SiriusPoint Announces Dividend on Series B Preference Shares

Rhea-AI Summary

SiriusPoint Ltd. (NYSE: SPNT) announced a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B. This dividend will be payable on November 30, 2021, to shareholders on record as of November 15, 2021. The company, headquartered in Bermuda, engages in global insurance and reinsurance, holding over $3 billion in total capital and an A- (Excellent) financial strength rating from AM Best, S&P, and Fitch.

Positive

• Quarterly cash dividend of $0.50 enhances shareholder income.
• Company holds over $3 billion in total capital.

Negative

• None.

HAMILTON, Bermuda, Nov. 03, 2021 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), a global specialty insurer and reinsurer, has announced that 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 November 30, 2021 to Series B shareholders of record as of November 15, 2021.

About SiriusPoint

SiriusPoint Ltd. (SiriusPoint) is a global insurer and reinsurer providing solutions to clients and brokers in almost 150 countries. Bermuda-headquartered with offices around the world, we are listed on the New York Stock Exchange (SPNT). We write a global portfolio of Accident and Health, Specialty, Property and Runoff, combining data and creative thinking to underwrite risks with skill and discipline. With over $3 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch. For more information, please visit www.siriuspt.com.

SiriusPoint Contacts

Investor Relations
Clare Kerrigan
clare.kerrigan@siriuspt.com
+1 441 542-3333

Media
Sarah Hills
sarah.hills@rein4ce.co.uk
+44 7718882011

Source: SiriusPoint Ltd.

FAQ

What is the dividend amount for SiriusPoint Ltd. (SPNT)?

SiriusPoint Ltd. (SPNT) declared a dividend of $0.50 per share.

When is the dividend payable to shareholders of SPNT?

The dividend will be payable on November 30, 2021.

What is the record date for SiriusPoint's dividend?

The record date for the dividend is November 15, 2021.

How does the financial strength rating impact SPNT's stock?

SiriusPoint holds an A- (Excellent) financial strength rating, indicating strong financial health.

What type of shares does the dividend apply to for SPNT?

The dividend applies to Series B Preference Shares.