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SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. The company operates through two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides coverage to various product lines, which includes aviation and space, casualty, contingency, credit and bond, marine and energy, mortgage, and property to insurance and reinsurance companies, government entities, and other risk bearing vehicles. The Insurance & Services segment offers coverage to various product lines comprising accident and health, environmental, workers' compensation, and other lines of business, including a cross section of property and casualty lines. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.

SiriusPoint Dividend Announcement

SiriusPoint announced a annually dividend of $0.50 per ordinary share which will be made payable on . Ex dividend date: 2021-08-13
SiriusPoint's trailing twelve-month (TTM) dividend yield is -%
SiriusPoint's payout ratio for the trailing twelve months (TTM) is 5.00%

SiriusPoint Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-08-13$0.50annually

SiriusPoint Dividend per year

SiriusPoint Dividend Yield

SiriusPoint current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing SiriusPoint stock? Use our calculator to estimate your expected dividend yield:

SiriusPoint Financial Ratios

P/E ratio6.99
PEG ratio-0.02
P/B ratio0.83
ROE12.16%
Payout ratio5.00%
Current ratio1.66
Quick ratio2.25
Cash Ratio0.16

SiriusPoint Dividend FAQ

Does SiriusPoint stock pay dividends?
SiriusPoint does not currently pay dividends to its shareholders.
Has SiriusPoint ever paid a dividend?
No, SiriusPoint has no a history of paying dividends to its shareholders. SiriusPoint is not known for its dividend payments.
Why doesn't SiriusPoint pay dividends?
There are several potential reasons why SiriusPoint would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will SiriusPoint ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While SiriusPoint has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is SiriusPoint a dividend aristocrat?
SiriusPoint is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is SiriusPoint a dividend king?
SiriusPoint is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is SiriusPoint a dividend stock?
No, SiriusPoint is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy SiriusPoint stocks?
To buy SiriusPoint you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy SiriusPoint stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.