Fidelis Insurance Group Initiates Quarterly Dividend Program
Fidelis Insurance Holdings Limited (FIHL)
Company Research
Source: Business Wire
Announces Quarterly Dividend of $0.10 Per Common Share Payable March 29, 2024 PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance” or “the Company”), a global specialty insurer, announced today that its Board of Directors has approved the initiation of a dividend program under which the Company intends to pay a quarterly cash dividend. The initial dividend will be $0.10 per share, payable on March 29, 2024 to common shareholders of record on March 15, 2024.Dan Burrows, Fidelis Insurance Group CEO stated, “The Board’s decision to initiate a quarterly dividend program reflects our balance sheet strength following a transformative year in which we achieved meaningful strategic milestones. While our top priority remains investing in profitable growth opportunities that we continue to see in the favorable market environment, we are committed to sharing our success with shareholders through both dividends and our previously announced $50
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News
- Fidelis Insurance Group Reports 2024 First Quarter ResultsBusiness Wire
- Fidelis Insurance Group Declares Quarterly DividendBusiness Wire
- Fidelis Insurance Holdings Limited (NYSE: FIHL) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $24.00 price target on the stock.MarketBeat
- Fidelis Insurance Holdings Limited (NYSE: FIHL) had its price target raised by analysts at Keefe, Bruyette & Woods from $22.00 to $24.00. They now have an "outperform" rating on the stock.MarketBeat
- Fidelis Insurance Holdings Limited (NYSE: FIHL) had its price target raised by analysts at JPMorgan Chase & Co. from $17.00 to $17.50. They now have a "neutral" rating on the stock.MarketBeat