Axis Capital dividend yield calculator – AXIS CAPITAL Announces 0.44 Cash Dividend
March 11, 2023
Dividends Yield
On March 1 2023, AXIS CAPITAL ($NYSE:AXS) announced the distribution of a 0.44 USD cash dividend per share. This is the first-time AXIS CAPITAL has issued such a dividend and will benefit shareholders immensely. This dividend adds to the already established track record of AXIS CAPITAL, having consistently issued a dividend of 1.73 USD per share over the last three years, granting investors a steady dividend yield of 3.09%. As such, this makes AXIS CAPITAL a promising option for those looking to invest in dividend stocks.
The ex-dividend date for the 0.44 USD cash dividend is set to take place on March 30 2023. This gives investors ample time to make the necessary arrangements in order to receive the dividend payout.
Share Price
This news sent the stock price of AXIS CAPITAL‘s shares to rise 0.2% from the previous closing price of $60.7, to open at $60.4 and close at $60.8. This dividend marks the second time AXIS CAPITAL has issued dividends to its shareholders, both of which have been received positively by investors. It is expected that this dividend will help reward current shareholders and attract new ones, boosting AXIS CAPITAL’s long-term success. With the payment of this dividend, the company hopes to demonstrate its commitment to shareholders, while recognizing their contributions to its growth and success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Axis Capital. More…
| Total Revenues | Net Income | Net Margin |
| 5.29k | 192.83 | 4.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Axis Capital. More…
| Operations | Investing | Financing |
| 1.02k | -1.11k | -186.09 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Axis Capital. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 27.6k | 22.96k | 54.8 |
Key Ratios Snapshot
Some of the financial key ratios for Axis Capital are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.7% | – | 5.8% |
| FCF Margin | ROE | ROA |
| 19.3% | 4.3% | 0.7% |
Analysis – Axis Capital Stock Fair Value Calculator
GoodWhale has performed a thorough analysis of AXIS CAPITAL‘s fundamentals in order to determine its intrinsic value. Our proprietary Valuation Line estimated the intrinsic value of AXIS CAPITAL share to be around $51.1. However, AXIS CAPITAL stock is currently trading at $60.8, which is overvalued by 19.0% compared to the fair price. Thus, investors should be wary of investing in the stock at its current price. More…
Peers
The Company operates through two segments: Insurance and Reinsurance. The Insurance segment offers a range of primary casualty insurance products, including general liability, professional liability, property, automobile and workers’ compensation. The Reinsurance segment provides reinsurance products, including property catastrophe, property, casualty, professional liability, workers’ compensation and other lines. Axis Capital Holdings Ltd., together with its subsidiaries, is a global provider of specialty lines of insurance and reinsurance products.
– Heritage Insurance Holdings Inc ($NYSE:HRTG)
Heritage Insurance Holdings Inc is a insurance company that focuses on property and casualty insurance. The company has a market cap of $37.99 million and a return on equity of -49.54%. The company’s main products include homeowners insurance, automobile insurance, and commercial insurance.
– United Fire Group Inc ($NASDAQ:UFCS)
United Fire Group, Inc., through its subsidiaries, provides insurance protection in the property and casualty market for individuals, families, and businesses worldwide. The company operates in three segments: Property and Casualty, Group Benefits, and Life. The Property and Casualty segment offers fire, allied lines, auto, workers’ compensation, and liability insurance products. The Group Benefits segment provides group life, health, disability, and long-term care insurance products. The Life segment offers universal life and annuity products. United Fire Group, Inc. was founded in 1873 and is headquartered in Cedar Rapids, Iowa.
As of 2022, United Fire Group Inc has a market cap of 824.66M and a ROE of 8.5%. The company operates in three segments: Property and Casualty, Group Benefits, and Life. The Property and Casualty segment offers fire, allied lines, auto, workers’ compensation, and liability insurance products. The Group Benefits segment provides group life, health, disability, and long-term care insurance products. The Life segment offers universal life and annuity products.
– Global Indemnity Group LLC ($NYSE:GBLI)
Global Indemnity Group LLC is a provider of insurance coverage and services. The company offers a range of property and casualty insurance products, including commercial automobile, general liability, workers’ compensation, and professional liability insurance. Global Indemnity Group LLC has a market cap of 303.02M as of 2022 and a Return on Equity of -0.24%. The company’s products are designed to protect policyholders from the financial consequences of property and casualty losses.
Summary
AXIS CAPITAL is an attractive investment opportunity for those seeking reliable long-term returns. Over the last three years, the company has consistently offered a dividend of 1.73 USD per share, providing an annual yield of 3.09%. This steady income stream makes it an ideal option for those looking for a steady passive income.
Analysts suggest that the stock’s current price is meeting its intrinsic value, making it a smart buy. The company has a strong balance sheet with sufficient liquidity and is expected to post strong earnings going forward, making it an attractive investment for investors.
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