Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It provides commercial insurance for small-and medium-sized businesses, personal lines cover, including high-value household, fine art, luxury motor, and classic car through brokers, partners and direct-to-consumer using both traditional and digital trading models. The company also offers property insurance; marine and energy insurance; aviation insurance; casualty insurance; specialty insurance; kidnap and ransom insurance; and other specialty insurance, such as contingency, terrorism, personal accident, and product recall. In addition, it provides healthcare and casualty reinsurance services, as well as investment services. Hiscox Ltd was founded in 1901 and is based in Pembroke, Bermuda.
Hiscox Dividend Announcement
• Hiscox announced a semi annually dividend of $0.27 per ordinary share which will be made payable on 2024-10-08. Ex dividend date: 2024-08-19
• Hiscox annual dividend for 2024 was $0.77
• Hiscox annual dividend for 2023 was $0.73
• Hiscox's trailing twelve-month (TTM) dividend yield is 2.94%
• Hiscox's payout ratio for the trailing twelve months (TTM) is 20.02%
Hiscox Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-19 | $0.27 | semi annually | 2024-10-08 |
2024-05-02 | $0.50 | semi annually | 2024-06-27 |
2023-08-23 | $0.24 | semi annually | 2023-10-10 |
2023-05-05 | $0.49 | semi annually | 2023-06-28 |
2022-08-12 | $0.24 | semi annually | 2022-10-05 |
2022-05-05 | $0.45 | semi annually | 2022-06-28 |
Hiscox Dividend per year
Hiscox Dividend growth
Hiscox Dividend Yield
Hiscox current trailing twelve-month (TTM) dividend yield is 2.94%. Interested in purchasing Hiscox stock? Use our calculator to estimate your expected dividend yield:
Hiscox Financial Ratios
Hiscox Dividend FAQ
Other factors to consider when evaluating Hiscox as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Hiscox's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Hiscox publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Hiscox distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Hiscox are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Hiscox sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Hiscox distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hiscox declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Hiscox's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Hiscox's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.