Summary
Arch Capital Group Ltd. (ACGL) announced on February 25, 2022, the declaration of dividends for its Series F and Series G Non-Cumulative Preferred Shares. This filing is primarily an informational update regarding these dividend payments, providing details on the dividend amounts, rates, payment dates, and record dates for shareholders. For investors holding these preferred shares, the key takeaway is the confirmation of upcoming dividend distributions. The Series F shares will receive a dividend of $0.340625 per depositary share, and the Series G shares will receive $0.284375 per depositary share. These dividends are scheduled to be paid on March 31, 2022, to shareholders of record as of March 15, 2022. The declaration reaffirms the company's commitment to its preferred shareholders and signals the availability of funds for these payments under Bermuda law.
Key Highlights
- 1Declaration of dividends for Series F Non-Cumulative Preferred Shares.
- 2Declaration of dividends for Series G Non-Cumulative Preferred Shares.
- 3Series F dividend amount: $0.340625 per depositary share.
- 4Series G dividend amount: $0.284375 per depositary share.
- 5Payment date for both dividends: March 31, 2022.
- 6Record date for both dividends: March 15, 2022.
- 7Dividends are payable out of lawfully available funds under Bermuda law.