Aspen Declares Dividends on Preference Shares
November 20 2020 - 4:15PM
Business Wire
Aspen Insurance Holdings Limited (“Aspen”) (NYSE:AHL) announced
today that the Board of Directors has declared the following
dividends on its Preference Shares:
- Quarterly dividend of $0.3719 per share on its 5.95%
Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares
with a $25 liquidation preference per share (NYSE:AHL PRC);
- Quarterly dividend of $0.3516 per share on its 5.625% Perpetual
Non-Cumulative Preference Shares with a $25 liquidation preference
per share (NYSE:AHL PRD); and
- Quarterly dividend of $351.56 per share on its 5.625% Perpetual
Non-Cumulative Preference Shares with a liquidation preference of
$25,000 per share, represented by depositary shares (NYSE: AHL
PRE), each representing a 1/1000th interest in a share, holders of
which depositary shares will receive $0.35156 per depositary
share.
The above dividends will be payable on January 1, 2021 to
holders of record as of December 15, 2020.
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, Canada, Singapore,
Switzerland, the United Kingdom and the United States. For the year
ended December 31, 2019, Aspen reported $12.6 billion in total
assets, $7.0 billion in gross reserves, $2.7 billion in total
shareholders’ equity and $3.4 billion in gross written premiums.
Aspen's operating subsidiaries have been assigned a rating of “A-”
by Standard & Poor’s Financial Services LLC, and an “A”
(“Excellent”) by A.M. Best Company Inc. For more information about
Aspen, please visit www.aspen.co.
Cautionary Statement Regarding Forward-Looking
Statements
This communication and other written or oral statements made by
or on behalf of Aspen contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
that are made under the “safe harbor” provisions of The Private
Securities Litigation Reform Act of 1995. In particular, statements
using words such as “may,” “seek,” “will,” “likely,” “assume,”
“estimate,” “expect,” “anticipate,” “intend,” “believe,” “do not
believe,” “aim,” “predict,” “plan,” “project,” “continue,”
“potential,” “guidance,” “objective,” “outlook,” “trends,”
“future,” “could,” “would,” “should,” “target,” “on track” or their
negatives or variations, and similar terminology and words of
similar import, generally involve future or forward-looking
statements. Forward-looking statements reflect Aspen’s current
views, plans or expectations with respect to future events and
financial performance. They are inherently subject to significant
business, economic, competitive and other risks, uncertainties and
contingencies. The inclusion of forward-looking statements in this
or any other communication should not be considered as a
representation by Aspen or any other person that current plans or
expectations will be achieved. Forward-looking statements speak
only as of the date on which they are made, and Aspen undertakes no
obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future
developments or otherwise, except as otherwise required by law.
There are or will be important factors that could cause actual
results to differ materially from those expressed in any such
forward-looking statements, including, but not limited to, factors
affecting future results disclosed in Aspen’s filings with the SEC,
including but not limited to those discussed under Item 3D, “Risk
Factors” in Aspen’s Annual Report on Form 20-F for the year ended
December 31, 2019, each of which is incorporated herein by
reference.
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version on businesswire.com: https://www.businesswire.com/news/home/20201120005676/en/
Peter Krinks Senior Group Communications Manager
peter.krinks@aspen.co +44 (0)20 7184 8544
Aspen Insurance (NYSE:AHL)
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