Montpelier Re Declares Quarterly Dividend
The Board of Directors of Montpelier Re Holdings Ltd. has declared a quarterly dividend of $0.10 per Common Share and $0.400608 per 8.875% Non-Cumulative Preferred Share, Series A. The dividends are payable on or before July 15, 2011 to all of the shareholders of record as of June 30, 2011.
The company issued $150.0 million of Preferred Shares on May 10, 2011. The Preferred Shares have a liquidation value of $25.00 per share.
