8-KOther Events

ARCH CAPITAL GROUP LTD. 8-K Report, Corporate Update (Sep 5, 2013)

Filed September 5, 2013For Securities:ACGLACGLNACGLO

Summary

Arch Capital Group Ltd. (ACGL) filed an 8-K on September 5, 2013, to report a dividend declaration for its Series C Non-Cumulative Preferred Shares. The Board of Directors declared a dividend of $0.421875 per share, totaling $5,484,375, for the period from June 30, 2013, to September 29, 2013. This dividend will be paid on September 30, 2013, to shareholders of record as of September 15, 2013. This filing is primarily informational, indicating the company's intention and ability to distribute dividends to its preferred shareholders. Investors in the Series C Preferred Shares should note the payment date and record date for this dividend distribution. The declaration of dividends signifies the company's financial health and commitment to returning value to its capital providers.

Key Highlights

  • 1Arch Capital Group Ltd. declared dividends for its Series C Non-Cumulative Preferred Shares.
  • 2The total dividend amount declared is $5,484,375.
  • 3The dividend rate per share is $0.421875.
  • 4The dividend payment date is September 30, 2013.
  • 5The record date for dividend entitlement is September 15, 2013.
  • 6The dividend covers the period from June 30, 2013, to September 29, 2013.

Frequently Asked Questions

This Form 8-K filing serves to officially announce the declaration of dividends by Arch Capital Group Ltd.'s Board of Directors for its Series C Non-Cumulative Preferred Shares.

Shareholders who own Arch Capital Group Ltd.'s Series C Non-Cumulative Preferred Shares as of the close of business on September 15, 2013 (the record date) are eligible to receive the declared dividend.

The dividend will be paid on September 30, 2013, provided that lawfully available funds exist for dividend payments under Bermuda law and the Board or its Executive Committee does not determine otherwise.

The total dividend amount declared is $5,484,375, which is distributed across the 13,000,000 outstanding Series C Preferred Shares at a rate of $0.421875 per share.