SiriusPoint Ltd. Declares $0.50 Quarterly Dividend

SiriusPoint Ltd. 8% RSTBLE PFD B has declared a $0.50/share quarterly dividend, in line with previous declarations. The forward yield is 7.87%. The dividend is payable on August 29, 2023, for shareholders of record on August 14, 2023, with an ex-dividend date of August 14, 2023.

SiriusPoint Ltd. (NYSE: SPNT), an international specialty insurer and reinsurer, has announced that its Audit Committee of the Board of Directors has approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B. The dividend, payable on or prior to August 29, 2025, is available to Series B shareholders of record as of August 14, 2025 [1].

This dividend declaration aligns with the company's previous payouts, maintaining a consistent dividend policy. The forward yield on the Series B preference shares stands at 7.87%, indicating a robust return for investors [2][3].

The ex-dividend date is set for August 14, 2025, ensuring that only shareholders of record on or before that date are eligible to receive the dividend. This dividend announcement comes following SiriusPoint's strong financial performance, with Non-GAAP EPS of $0.66 beating expectations by $0.09 and revenue of $748.2M exceeding forecasts by $28.1M [3].

Investors are encouraged to review the company's latest financial reports and dividend history for further insights into SiriusPoint's financial health and dividend growth prospects.

References:
[1] https://www.bdtonline.com/news/nation_world/siriuspoint-announces-dividend-on-series-b-preference-shares/article_43b372d7-eaf9-5b2c-a5e3-4eb6638c289d.html
[2] https://seekingalpha.com/news/4477126-siriuspoint-declares-0_50-dividend
[3] https://seekingalpha.com/news/4477235-siriuspoint-ltd-8-percent-rstble-pfd-b-declares-0_50-dividend