Aspen Declare $0.20 Quarterly Dividend
Bermuda-based Aspen Insurance Holdings Limited has declared a quarterly cash dividend on Aspen’s ordinary shares of $0.20 per ordinary share. The amount payable has increased by $0.02 per ordinary share, or 11.1%, from Aspen’s previous quarterly dividend of $0.18 per ordinary share. The dividend is payable on May 28, 2014 to the holders of record as of the close of business on May 9, 2014.
Aspen’s Board of Directors also declared a dividend on its 7.401% Perpetual NonCumulative 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, 2014 to the holders of record as of the close of business on June 15, 2014.
In addition, Aspen’s Board of Directors declared a dividend on the 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, 2014 to the holders of record as of the close of business on June 15, 2014.
The Board of Directors also declared a dividend on the 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, 2014 to the holders of record as of the close of business on June 15, 2014.
