Maiden Holdings Increases Quarterly Dividend on Common Shares by 12.5% and Declares Dividend on Preference Shares
November 07 2012 - 4:31PM
Maiden Holdings, Ltd. (Nasdaq:MHLD) today announced that its Board
of Directors approved a quarterly cash dividend of $0.09 per share
of common stock, an increase of 12.5% from the previous rate. The
dividend will be payable on January 15, 2013 to shareholders of
record as of January 2, 2013.
Maiden's Board of Directors also approved a cash dividend on its
8.25% Non-Cumulative Perpetual Preference Shares of $0.5385 per
Preference Share. The dividend will be payable on December 17, 2012
to shareholders of record as of December 1, 2012.
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 September 30, 2012, Maiden had $3.9 billion
in assets and shareholders' equity of $1.0 billion.
The Maiden Holdings, Ltd. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5006
CONTACT: Noah Fields, Vice President, Investor Relations
Maiden Holdings, Ltd.
Phone: 441.298.4927
E-mail: nfields@maiden.bm
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