Aspen Declares Dividends on Ordinary Shares and Perpetual Preference Shares
22 April 2016 - 12:08AM
Business Wire
Dividend on Ordinary Shares
increased
The Board of Directors of Aspen Insurance Holdings Limited
(“Aspen”) (NYSE:AHL) has declared a quarterly cash dividend on
Aspen’s ordinary shares of $0.22 per ordinary share. The amount
payable has increased by $0.01 per ordinary share from Aspen’s
previous quarterly dividend. The dividend is payable on May 25,
2016 to the holders of record as of the close of business on May 9,
2016.
Aspen’s Board of Directors also declared a dividend on its
7.401% Perpetual Non-Cumulative Preference Shares with a $25
liquidation preference per share (the “7.401% Perpetual Preference
Shares”) of $0.462563 per 7.401% Perpetual Preference Share. The
dividend is payable on July 1, 2016 to the holders of record as of
the close of business on June 15, 2016.
In addition, Aspen’s Board of Directors declared a dividend on
its 7.250% Perpetual Non-Cumulative Preference Shares with a $25
liquidation preference per share (the “7.250% Perpetual Preference
Shares”) of $0.4531 per 7.250% Perpetual Preference Share. The
dividend is payable on July 1, 2016 to the holders of record as of
the close of business on June 15, 2016.
The Board of Directors also declared a dividend on its 5.95%
Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares
with a $25 liquidation preference per share (the “5.95% Perpetual
Preference Shares”) of $0.3719 per 5.95% Perpetual Preference
Share. The dividend is payable on July 1, 2016 to the holders of
record as of the close of business on June 15, 2016.
About Aspen Insurance Holdings Limited
Aspen provides reinsurance and insurance coverage to clients in
various domestic and global markets through wholly-owned
subsidiaries and offices in Australia, Bermuda, France, Germany,
Ireland, Singapore, Switzerland, the United Arab Emirates, the
United Kingdom and the United States. For the year ended December
31, 2015, Aspen reported $11.0 billion in total assets, $4.9
billion in gross reserves, $3.4 billion in total shareholders’
equity and $3.0 billion in gross written premiums. Its operating
subsidiaries have been assigned a rating of “A” by Standard &
Poor’s Financial Services LLC (“S&P”), an “A” (“Excellent”) by
A.M. Best Company Inc. (“A.M. Best”) and an “A2” by Moody’s
Investor Service, Inc. (“Moody’s”).
Application of the Safe Harbor of the Private Securities
Litigation Reform Act of 1995
This press release may contain written “forward-looking
statements” within the meaning of the U.S. federal securities laws.
These statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include all statements that do not
relate solely to historical or current facts, and can be identified
by the use of words such as “expect,” “intend,” “plan,” “believe,”
“do not believe,” “aim,” “project,” “anticipate,” “seek,” “will,”
“likely,” “assume,” “estimate,” “may,” “continue,” “guidance,”
“objective,” “outlook,” “trends,” “future,” “could,” “would,”
“should,” “target,” “on track” and similar expressions of a future
or forward-looking nature.
All forward-looking statements rely on a number of assumptions,
estimates and data concerning future results and events and are
subject to a number of uncertainties and other factors, many of
which are outside Aspen’s control that could cause actual results
to differ materially from such statements. For a detailed
description of uncertainties and other factors that could impact
the forward-looking statements in this press release, please see
the “Risk Factors” section in Aspen’s Annual Report on Form 10-K
for the year ended December 31, 2015 filed with the U.S. Securities
and Exchange Commission on February 19, 2016. Aspen undertakes no
obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events
or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20160421006001/en/
For further
information:Please visit www.aspen.co or
contact:InvestorsAspenMark Jones, Senior Vice President,
Investor Relations+1 (646) 289
4945mark.p.jones@aspen.coorMediaAspenKaren Green, Office of
the CEO+44 20 7184 8110Karen.Green@aspen.coorInternational –
Citigate Dewe RogersonCaroline Merrell or Jos Bieneman+44 20 7638
9571caroline.merrell@citigatedr.co.ukjos.bieneman@citigatedr.co.ukorNorth
America – Abernathy MacGregorCarina Davidson or Erin Smith+1 (212)
371 5999ccd@abmac.comeks@abmac.com
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