AXIS Capital Declares Quarterly Dividends
Get Alerts AXS Hot Sheet
Join SI Premium – FREE
PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.44 per common share payable on January 18, 2024 to shareholders of record at the close of business on December 29, 2023.
In addition, the Board declared a dividend of $34.375 per Series E 5.50% preferred share (equivalent to $0.34375 per depositary share) payable on January 18, 2024 to shareholders of record at the close of business on December 29, 2023.
AXIS Capital also announced that its Board of Directors has renewed its authorization for the repurchase of up to $100 million of the Company’s common shares, which may be effected from time to time in open market or privately negotiated transactions through December 31, 2024. The timing and amount of the repurchases will depend on a variety of factors, including market, corporate and regulatory conditions.
About AXIS Capital
AXIS Capital, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions. The Company has shareholders' equity of $5.0 billion at September 30, 2023, and locations in Bermuda, the United States, Europe, Singapore and Canada. Its operating subsidiaries have been assigned a financial strength rating of "A+" ("Strong") by Standard & Poor's and "A" ("Excellent") by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com.
Follow AXIS Capital on LinkedIn and X Corp.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231207442744/en/
Investor
Dinh Nguyen
+1 (929) 389-3282
[email protected]
Media
Nichola Liboro
+1 (917) 705-4579
[email protected]
Source: AXIS Capital Holdings Limited
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- AXIS Capital (AXS) PT Lowered to $130 at Mizuho
- Pure Cycle Corporation Announces Receipt of Notice to Nominate Director Candidates
- Spackman Equities Issues Corrective Disclosure and Announces Termination of Advisory Agreement with CanariaBio Inc.
Create E-mail Alert Related Categories
Business Wire, Press ReleasesRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share