Today, October 18, 2023, marks an important moment for investors of Axis Capital Holdings AXS. The company will distribute a dividend payout of $0.44 per share, demonstrating an annualized dividend yield of 3.04%. Remember, only shareholders prior to the ex-dividend date on September 29, 2023 are eligible for this payout.
Axis Capital Holdings Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-09-29 | 4 | $0.44 | 3.04% | 2023-09-20 | 2023-10-02 | 2023-10-18 |
| 2023-06-29 | 4 | $0.44 | 3.15% | 2023-05-03 | 2023-06-30 | 2023-07-18 |
| 2023-03-30 | 4 | $0.44 | 2.85% | 2023-02-22 | 2023-03-31 | 2023-04-18 |
| 2022-12-29 | 4 | $0.44 | 3.09% | 2022-12-08 | 2022-12-30 | 2023-01-18 |
| 2022-09-30 | 4 | $0.43 | 3.24% | 2022-09-21 | 2022-10-03 | 2022-10-18 |
| 2022-06-29 | 4 | $0.43 | 2.95% | 2022-05-04 | 2022-06-30 | 2022-07-15 |
| 2022-03-30 | 4 | $0.43 | 3.08% | 2022-02-24 | 2022-03-31 | 2022-04-18 |
| 2021-12-29 | 4 | $0.43 | 3.46% | 2021-12-02 | 2021-12-30 | 2022-01-18 |
| 2021-10-01 | 4 | $0.42 | 3.71% | 2021-09-23 | 2021-10-04 | 2021-10-15 |
| 2021-06-28 | 4 | $0.42 | 2.93% | 2021-05-07 | 2021-06-29 | 2021-07-15 |
| 2021-03-30 | 4 | $0.42 | 3.33% | 2021-02-18 | 2021-03-31 | 2021-04-15 |
| 2020-12-30 | 4 | $0.42 | 3.28% | 2020-12-03 | 2020-12-31 | 2021-01-15 |
When comparing Axis Capital Holdings's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Stewart Information Servs STC having the highest annualized dividend yield at 4.48%.
Analyzing Axis Capital Holdings Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2019 to 2022, the company experienced a notable growth in its dividend per share. The dividend per share increased from $1.61 to $1.73, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Axis Capital Holdings
From 2019 to 2022, Axis Capital Holdings has demonstrated an upward trend in earnings, with earnings per share rising from $0.97 to $5.99. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article delves into the recent dividend payout of Axis Capital Holdings and its implications for shareholders. Presently, the company is distributing a dividend of $0.44 per share, leading to an annualized dividend yield of 3.04%.
When comparing Axis Capital Holdings's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Stewart Information Servs having the highest annualized dividend yield at 4.48%.
With an increase in dividend per share and earnings per share from 2019 to 2022, Axis Capital Holdings demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[Monitor live stock price updates for Axis Capital Holdings on Benzinga.](https://www.benzinga.com/quote/Axis Capital Holdings (NYSE: AXS))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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