AXIS Capital Sets $0.44 Common Dividend, $34.375 Preferred Payout and $300M Buyback
AXIS Capital’s board declared a $0.44 quarterly dividend per common share and a $34.375 dividend per Series E preferred share, both payable April 15 to shareholders of record March 31. It also authorized a new up-to-$300 million open-ended buyback, adding to $112 million remaining under the prior plan.
1. Dividend Declaration
AXIS Capital’s board approved a quarterly dividend of $0.44 per common share and a $34.375 per Series E preferred share (equivalent to $0.34375 per depositary share), both payable April 15 to shareholders of record at the close of business on March 31.
2. Share Repurchase Authorization
The board authorized a new open-ended share repurchase program of up to $300 million, supplementing the existing plan which has $112 million remaining as of December 31, 2025. Repurchases will be made opportunistically in the open market or through negotiated transactions.
3. Financial Position and Outlook
AXIS Capital reported shareholders’ equity of $6.4 billion at December 31, 2025, with A+ ratings from S&P and A from A.M. Best. The company will assess buyback timing and volume based on market, economic and regulatory conditions.