Maiden Holdings North America, Ltd. (NYSE:MHNC) Announces Dividend Increase – $0.48 Per Share

Maiden Holdings North America, Ltd. (NYSE:MHNC) declared a quarterly dividend on Thursday, July 9th. Investors of record on Saturday, August 15th will be paid a dividend of 0.4844 per share on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 16.4%. The ex-dividend date of this dividend is Friday, August 14th. This is a 0.0% increase from Maiden Holdings North America’s previous quarterly dividend of $0.48.

Maiden Holdings North America Price Performance

Shares of NYSE MHNC opened at $11.81 on Friday. The stock has a 50 day moving average price of $12.73 and a 200 day moving average price of $13.77. Maiden Holdings North America has a 52 week low of $11.14 and a 52 week high of $18.54.

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.