AXIS Capital Declares Quarterly Dividends

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Get Alerts AXS Hot Sheet

Price: $100.14 +0.60%

Overall Analyst Rating:
SELL (= Flat)

Dividend Yield: 3.1%
Revenue Growth %: +6.7%

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PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced that the Company’s Board of Directors has declared a quarterly dividend of $0.40 per common share. The common dividend will be payable on October 15, 2019, to shareholders of record at the close of business on October 3, 2019.

In addition, the Board declared a dividend of $0.34375 per Series D 5.50% Preferred Share, and a dividend of $34.375 per Series E 5.50% Preferred Share (equivalent to $0.34375 per depositary share). The Series D Preferred Share dividend is payable on December 3, 2019, to shareholders of record at the close of business on November 15, 2019. The Series E Preferred Share dividend is payable on October 15, 2019, to shareholders of record at the close of business on October 3, 2019.

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders' equity at June 30, 2019, of $5.6 billion and locations in Bermuda, the United States, Europe, Singapore, Canada, Latin America and the Middle East. Its operating subsidiaries have been assigned a rating of "A+" ("Strong") by Standard & Poor's and "A+" ("Superior") by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com. Follow AXIS Capital on LinkedIn and Twitter.