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12 February
Cash Dividend On The Way From Enstar Group Shares

On 2/14/24, Enstar Group Ltd's 7.00% Dep Shares Non-Cumul Fixed/Float Series D Perp Prfrd Shares (Symbol: ESGRP) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 3/1/24. As a percentage of ESGRP's recent share price of $25.53, this dividend works out to approximately 1.71%, so look for shares of ESGRP to trade 1.71% lower — all else being equal — when ESGRP shares open for trading on 2/14/24. On an annualized basis, the current yield is approximately 6.84%, which compares to an average yield of 7.18% in the "Insurance Brokers" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of ESGRP shares, versus ESGR:

Below is a dividend history chart for ESGRP, showing historical dividends prior to the most recent $0.4375 on Enstar Group Ltd's 7.00% Dep Shares Non-Cumul Fixed/Float Series D Perp Prfrd Shares:

Free Report: Top 8%+ Dividends (paid monthly)

In Monday trading, Enstar Group Ltd's 7.00% Dep Shares Non-Cumul Fixed/Float Series D Perp Prfrd Shares (Symbol: ESGRP) is currently off about 0.2% on the day, while the common shares (Symbol: ESGR) are up about 1.8%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.