March 1, 2010 (FinancialWire) — XL Capital Ltd.’s (NYSE: XL) board of directors has declared a quarterly dividend of $0.10 per Ordinary Share payable on the company’s Ordinary Shares. The dividend will be payable on March 31, 2010 to Ordinary Shareholders of record as of March 15, 2010.

In addition, the board resolved on February 26, 2010 to pay a dividend of $32.50 per share on the company’s Series E Perpetual Non-Cumulative Preference Ordinary Shares. The dividend will be paid on April 15, 2010 to all shareholders of record as of April 14, 2010.

The aggregate amount of the dividends payable on the Series E Perpetual Non-Cumulative Preference Ordinary Shares is $32.5 million.

Bermuda-based XL Capital, through its subsidiaries, is a global insurance and reinsurance company providing property, casualty, and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises on a worldwide basis.

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