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Dividends
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Dividends Dividends
Dividends. On March 1, 2023, the Company’s Board of Directors declared the following dividends:
DividendPayable on:Record Date:
5.950% Preference Shares (AHL PRC)
$0.3719 April 1, 2023March 15, 2023
5.625% Preference Shares (AHL PRD)
$0.3516 April 1, 2023March 15, 2023
5.625% Preference Shares, represented by depositary shares (AHL PRE)(1)
$351.56 April 1, 2023March 15, 2023
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(1)The 5.625% Preference Shares are represented by depositary shares, each representing a 1/1000th interest in a share of the 5.625% Preference Shares. The dividend paid per depositary share is likewise 1/1000th of the declared dividend, equivalent to $0.35156 per depositary share.
In the twelve months ended December 31, 2022, the Company paid an ordinary shares dividend of $40 million to Highlands Bermuda Holdco, Ltd., the holder of all the Company’s ordinary shares. The Company also paid an ordinary shares dividend of $20 million to Highlands Bermuda Holdco, Ltd. on April 3, 2023.
Dividends
Dividends. On June 1, 2023, the Company’s Board of Directors declared the following dividends:
DividendPayable on:Record Date:
5.950% Preference Shares (AHL PRC)
$0.3719 July 1, 2023June 15, 2023
5.625% Preference Shares (AHL PRD)
$0.3516 July 1, 2023June 15, 2023
5.625% Preference Shares, represented by depositary shares (AHL PRE)(1)
$351.56 July 1, 2023June 15, 2023
__________________
(1)The 5.625% Preference Shares are represented by depositary shares, each representing a 1/1000th interest in a share of the 5.625% Preference Shares. The dividend paid per depositary share is likewise 1/1000th of the declared dividend, equivalent to $0.35156 per depositary share.
In the six months ended June 30, 2023, the Company paid an ordinary shares dividend of $20.0 million to Highlands Bermuda Holdco, Ltd., the holder of all the Company’s ordinary shares.