AXIS Capital Announces Quarterly Dividend Payment Details
AXIS Capital Declares Quarterly Dividends
AXIS Capital Holdings Limited (NYSE: AXS) has made an important announcement regarding its quarterly dividends. The company’s Board of Directors has officially declared a dividend of $0.44 per common share. This payout is set to be distributed to shareholders on a specified date, providing a steady return for investors who are closely monitoring their portfolios.
Details of the Dividend Declaration
These dividends are scheduled to be paid on a future date to shareholders who are on record as of the end of a designated day in September. Additionally, a dividend has also been announced for Series E preferred shares, amounting to $34.375 each, which is equivalent to $0.34375 for every depositary share. These actions reflect the company's ongoing commitment to its investors and the confidence the Board has in its financial health.
Company Overview
AXIS Capital operates as a global provider of cost-effective insurance and reinsurance solutions through its numerous subsidiaries. The firm is known for its specialty underwriting capabilities, which serve a diverse range of industries and sectors. As of its last financial statement, the company reported shareholder equity of $5.7 billion, demonstrating solid financial footing and a robust operational network that spans across Bermuda, the United States, Europe, Singapore, and Canada.
Financial Ratings and Strength
AXIS Capital has garnered strong financial ratings, with Standard & Poor’s assigning an “A+” rating, indicating a strong financial capacity to meet obligations, while A.M. Best has rated the company “A”, categorizing it as excellent. These ratings are essential as they enable investors to assess the company’s financial stability and reliability when considering their investment options.
Investor Communication Channels
For further updates and information about AXIS Capital, stakeholders and interested parties are encouraged to visit the company’s official website. Here, potential investors can find various resources related to financial reports, news releases, and more. Furthermore, AXIS Capital maintains an active presence on social media platforms, including LinkedIn and X Corp, allowing shareholders to stay connected and informed about the latest developments.
Connect with AXIS Capital
Engaging with AXIS Capital through these platforms allows investors to gain insights into the company’s strategic initiatives, upcoming projects, and community involvement. These connections can enhance understanding of the company’s operational framework and future direction, assisting in informed investment decisions.
Frequently Asked Questions
What is the amount of the declared dividend by AXIS Capital?
AXIS Capital has declared a dividend of $0.44 per common share.
When will the dividends be paid to shareholders?
The dividends are scheduled to be paid on a date in October to shareholders who are recorded by the end of September.
What is the financial strength rating of AXIS Capital?
AXIS Capital holds an “A+” rating from Standard & Poor’s and “A” from A.M. Best, indicating strong financial health.
Where can I find more information about AXIS Capital?
More information can be accessed via the official AXIS Capital website and its social media platforms.
What type of insurance does AXIS Capital provide?
AXIS Capital offers specialty underwriting and reinsurance solutions to various industries globally.
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