Montpelier Issues Dividend Clarification
Bermuda’s Montpelier Re Holdings Ltd. yesterday [Mar.15] issued a statement announcing that its board of directors had declared a quarterly dividend of $0.105 per Common Share and $0.554688 per 8.875% Non-Cumulative Preferred Share, Series A with the dividends payable on or about April 15, 2012.
The company’s statement originally announced that the record date for these dividends was to be March 31, 2012, however since March 31, 2012 is a non-trading day per New York Stock Exchange regulations, the effective record date for the dividends has been revised to be March 30, 2012.
Headquartered in Hamilton, the company, through its operating subsidiaries, is a premier provider of global property and casualty reinsurance and insurance products.
