SiriusPoint's Preference Shares, Series B Shares Cross 8% Yield Mark

In trading on Wednesday, shares of SiriusPoint Ltd's 8% Resettable Fixed Rate Preference Shares, Series B (Symbol: SPNT.PRB) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $24.96 on the day. This compares to an average yield of 8.49% in the "Insurance Brokers" preferred stock category, according to Preferred Stock Channel. As of last close, SPNT.PRB was trading at a 0.32% premium to its liquidation preference amount, versus the average discount of 14.69% in the "Insurance Brokers" category.

Performance Comparison Chart

Below is a dividend history chart for SPNT.PRB, showing historical dividend payments on SiriusPoint Ltd's 8% Resettable Fixed Rate Preference Shares, Series B:

SPNT.PRB+Dividend+History+Chart

In Wednesday trading, SiriusPoint Ltd's 8% Resettable Fixed Rate Preference Shares, Series B (Symbol: SPNT.PRB) is currently off about 0.1% on the day, while the common shares (Symbol: SPNT) are down about 0.2%.

Click here to find out the 50 highest yielding preferreds »

Also see:
• WBC shares outstanding history
• ETFs Holding HIIQ
• IQDE Dividend History

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

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