Allied World Declares Quarterly Dividend
Allied World Assurance Company Holdings, AG announced that it has approved a quarterly dividend equal to $0.375 per share payable on October 7, 2011 to shareholders of record on October 3, 2011, subject to a required filing with the Swiss Commercial Register in Zug. The company’s transfer agent will make dividend payments in United States dollars.
A statement issued said, “This dividend payment will be made in the form of a par value reduction. The amount of the par value reduction in Swiss francs (CHF) is CHF 0.32, based on the USD/CHF exchange rate as of September 19, 2011. This is the second of four partial par value reductions for dividends that were approved by the company’s shareholders at the Allied World 2011 Annual Shareholder Meeting held on May 5, 2011.”
