SiriusPoint Resettable Fixed Rate Preference Shares, Series B Ex-Dividend Reminder

On 11/15/24, SiriusPoint Ltd's 8% Resettable Fixed Rate Preference Shares, Series B (Symbol: SPNT.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 11/30/24. As a percentage of SPNT.PRB's recent share price of $25.68, this dividend works out to approximately 1.95%, so look for shares of SPNT.PRB to trade 1.95% lower — all else being equal — when SPNT.PRB shares open for trading on 11/15/24. On an annualized basis, the current yield is approximately 7.82%, which compares to an average yield of 8.00% in the "Insurance Brokers" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of SPNT.PRB shares, versus SPNT:

Below is a dividend history chart for SPNT.PRB, showing historical dividends prior to the most recent $0.50 on SiriusPoint Ltd's 8% Resettable Fixed Rate Preference Shares, Series B:

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In Wednesday trading, SiriusPoint Ltd's 8% Resettable Fixed Rate Preference Shares, Series B (Symbol: SPNT.PRB) is currently up about 0.5% on the day, while the common shares (Symbol: SPNT) are up about 0.5%.

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