Maiden Holdings Announces Dividends on Common Shares and Preference Shares
August 03 2016 - 2:20PM
Maiden Holdings, Ltd. (NASDAQ:MHLD) today announced that its Board
of Directors approved a quarterly cash dividend of $0.14 per share
of common stock. The dividend will be payable on October 19, 2016
to shareholders of record as of October 5, 2016.
Maiden’s Board of Directors also approved the following cash
dividends on its preference shares that are payable on September
15, 2016 to shareholders of record as of September 1, 2016:
- Series A 8.25% Non-Cumulative Preference Shares of $0.515625
per Preference Share
- Series B 7.25% Mandatory Convertible Preference Shares of
$0.90625 per Preference Share
- Series C 7.125% Non-Cumulative Preference Shares of $0.445313
per Preference Share
About Maiden Holdings, Ltd.Maiden Holdings,
Ltd. is a Bermuda-based holding company formed in 2007.
Through its subsidiaries, which are each A- rated (excellent) by
A.M. Best, the Company is focused on providing non-catastrophic,
customized reinsurance products and services to small and mid-size
insurance companies in the United States and Europe. As of March
31, 2016, Maiden had $6.1 billion in assets and shareholders'
equity of $1.5 billion.
The Maiden Holdings, Ltd. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5006
CONTACT:
Noah Fields, Senior Vice President, Investor Relations
Maiden Holdings, Ltd.
Phone: 441.298.4927
E-mail: nfields@maiden.bm
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