XL Group Declares Quarterly Divided
XL Group plc today [Feb.28] said that its Board of Directors declared a quarterly dividend on February 25, 2011 of $0.11 per ordinary share payable on the Company’s ordinary shares. This action increases the quarterly dividend to $0.11 per ordinary share from $0.10 per ordinary share. The dividend will be payable on March 31, 2011 to Ordinary Shareholders of record as of March 15, 2011.
In addition, the Board of Directors of XL Group Ltd., a wholly owned subsidiary of the Company, resolved on February 18, 2011 to pay a dividend of $32.50 per share on XL Group Ltd.’s Series E Perpetual Non-Cumulative Preference Ordinary Shares. The dividend will be paid on April 15, 2011 to all shareholders of record as of March 31, 2011.
