Dividends

In 2017, four quarterly dividends of $0.22 per share were paid to all XL Group common shareholders of record at March 15, June 15, September 15, and December 15. In 2016, four quarterly dividends of $0.20 per share were paid to all XL-Ireland ordinary shareholders of record at March 15 and June 15, and XL Group common shareholders of record at each of September 15 and December 15. In 2015, two quarterly dividends of $0.16 were paid to XL-Ireland ordinary shareholders of record at each of March 13 and June 15 and two quarterly dividends of $0.20 per share were paid to all XL-Ireland ordinary shareholders of record at each of September 15 and December 15.

XLIT and CICL paid their preference shareholders for the years ended December 31, 2017, 2016 and 2015 as follows:



(U.S. dollars in millions)	2017		2016		2015
Series D preference ordinary shares (1)	$	13.9	$	12.9	$	11.8
Series E preference ordinary shares (2)	$	45.2	$	65.0	$	65.1
Non-cumulative perpetual preferred shares (3)	$	39.6	$	43.5	$	21.8

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(1)	On January 8, 2018, the Board of Directors of XLIT resolved to pay a dividend of $11.4468 per share on XLIT's Series D Preference Ordinary Shares. The dividend was paid on January 16, 2018 to all shareholders of record at January 8, 2018.


(2)	On January 8, 2018, the Board of Directors of XLIT resolved on January 8, 2018 to pay a dividend of $9.7537 per share on XLIT's Series E Preference Ordinary Shares. The dividend was paid on January 16, 2018 to all shareholders of record at January 8, 2018.


(3)	On January 8, 2018, the Board of Directors of Catlin-Bermuda resolved to pay a dividend in the aggregate amount of $6.1 million on CICL Prefs. The dividend was paid on January 19, 2018 to all shareholders of record at December 31, 2017.