Business Wire 7-Dec-2017 4:15 PM
Company Increases Common Dividend by 3%
PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS) today announced that the Companys Board of Directors has declared a quarterly dividend of $0.39 per common share, which represents an increase of 3%. The common dividend will be payable on January 16, 2018 to the shareholders of record at the close of business on December 29, 2017.
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 March 1, 2018 to shareholders of record at the close of business on February 15, 2018. The Series E Preferred Share dividend is payable on January 16, 2018 to shareholders of record at the close of business on December 29, 2017.
About AXIS Capital
AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders equity at September 30, 2017 of $5.5 billion and locations in Bermuda, the United States, Europe, Singapore, Middle East, Canada and Latin America. Its operating subsidiaries have been assigned a rating of A+ (Strong) by Standard & Poors and A+ (Superior) by A.M. Best. Follow AXIS Capital on LinkedIn and Twitter.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171207006225/en/
Source: AXIS Capital Holdings Limited
Limited Time Offer:
Claim your free copy of income expert Bryan Perry's new report:
My Top Monthly Dividend Payer (8% Dividend Yield)
You'll also receive Bryan Perry's weekly e-letter, Dividend Investing Weekly, at no cost, along with other associated financial content and special offers.