Montpelier Re Holdings Declares Dividends
Bermuuda-based Montpelier Re Holdings Ltd. declared a quarterly dividend of $0.115 per common share. The company’s board of directors has also declared a quarterly dividend of $0.554688 per 8.875% Non-Cumulative Preferred Share, Series A.
The dividends are payable on or before July 15, 2013, to all shareholders of record as of June 28, 2013.
A spokesperson said the board currently intends to maintain the dividend per common share at the current level in future periods and will consider further adjustments to its common share dividend policy periodically.
Montpelier, through its operating subsidiaries, is a leading provider of global property and casualty reinsurance and insurance products.
