Aspen to pay quarterly dividends on preference shares

Aspen Insurance Holdings will pay quarterly dividends on a number of its preference shares, its board of directors has confirmed.

It will pay a dividend of $0.3719 per share on its 5.95 percent fixed-to-floating rate perpetual non cumulative preference shares with a $25 liquidation preference per share, and of $0.3516 per share on its 5.625 percent perpetual non cumulative preference shares with a $25 liquidation preference per share.

It will pay a dividend of $351.56 per share on its 5.625 percent perpetual non cumulative preference shares with a liquidation preference of $25,000 per share, represented by depositary shares. Each depository share will represent a 1/1000th interest in a share, holders of which will receive $0.35156 per depositary share.

The dividends will be paid on July 1, 2020 to holders of record as of June 15, 2020.