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

On 2/13/25, 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 2/28/25. As a percentage of SPNT.PRB's recent share price of $25.67, 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 2/13/25. On an annualized basis, the current yield is approximately 7.79%, which compares to an average yield of 8.47% 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:

In Tuesday trading, SiriusPoint Ltd's 8% Resettable Fixed Rate Preference Shares, Series B (Symbol: SPNT.PRB) is currently trading flat on the day, while the common shares (Symbol: SPNT) are up about 0.6%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

Also see:

• Paul Singer Stock Picks
• GBDC Videos
• AVID Options Chain

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.