Bermuda shorts
Created: Aug 22, 2005 11:00 AM
ACE Limited is to pay shareholders who own its common shares a dividend of 23 cents a share on October 14.Those who own shares by the end of September will qualify for the dividend.And preferred shareholders owning the company's Series C 7.80 percent Cumulative Redeemable Preferred Share are to receive $4.87 a share, payable on September 1 to those who have bought these shares by the previous day.
Shareholders to be paid
ACE Limited is to pay shareholders who own its common shares a dividend of 23 cents a share on October 14.
Those who own shares by the end of September will qualify for the dividend.
And preferred shareholders owning the company's Series C 7.80 percent Cumulative Redeemable Preferred Share are to receive $4.87 a share, payable on September 1 to those who have bought these shares by the previous day.
These preferred shares were issued by ACE in 2003 as depositary shares. The dividend breaks down to 48.75 cents per depositary share.
@EDITRULE:
Everest Re Group is paying investors a dividend of 11 cents a share on September 16. Investors must own Everest shares by August 29 to qualify for the dividend.
