Maiden Holdings North America, Ltd. Declares Quarterly Dividend of $0.48 (NYSE:MHNC)

Maiden Holdings North America, Ltd. (NYSE:MHNC) announced a quarterly dividend on Friday, January 1st. Shareholders of record on Friday, May 15th will be given a dividend of 0.4844 per share on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 13.9%. The ex-dividend date of this dividend is Friday, May 15th.

Maiden Holdings North America Stock Performance

Shares of MHNC traded up $0.19 during trading hours on Wednesday, reaching $13.98. 3,121 shares of the company’s stock traded hands, compared to its average volume of 4,823. Maiden Holdings North America has a 12 month low of $11.14 and a 12 month high of $18.54. The firm’s 50 day simple moving average is $13.05 and its 200-day simple moving average is $15.07.

Maiden Holdings North America Ltd. (NYSE: MHNC) is a specialty property and casualty reinsurer headquartered in Wilton, Connecticut. As a subsidiary of Bermuda-based Maiden Holdings, Ltd., the company provides treaty and facultative reinsurance solutions for primary insurers. Since its founding in 2007, Maiden Holdings North America has developed underwriting capabilities in property catastrophe, casualty, agriculture, surety and mortgage reinsurance, targeting niche segments where disciplined risk selection and tailored coverage can drive value.

The company’s product offerings include multi-year and annual treaty contracts, facultative reinsurance for individual risks, and run-off and legacy portfolio management services.