James River Group Holdings (JRVR) will cut its quarterly dividend to $0.05 per share in 2022. The previous regular quarterly dividend of $0.30 per share was paid since 2016. James River did however pay two special dividends since, in 2016 ($1.35 per share) and 2017 ($0.50 per share).

On March 1, 2022, the Company announced that its Board of Directors declared a cash dividend of $0.05 per common share. This dividend is payable on Thursday, March 31, 2022 to all shareholders of record on Monday, March 14, 2022. A new 20 cent per share annual dividend yields 0.9% at a stock price of $21.83.

James River Group Holdings, Ltd. is a Bermuda-based insurance holding company that owns and operates a group of specialty insurance and reinsurance companies. The Company operates in three specialty property-casualty insurance and reinsurance segments: Excess and Surplus Lines, Specialty Admitted Insurance and Casualty Reinsurance. The Corporate and Other segment consists of certain management and treasury activities of James River Group, Inc., James River Group Holdings UK Limited and JRG Holdings. It owns six insurance companies focused on specialty insurance niches and a reinsurance company.