Maiden Stock To Go Ex-dividend Tomorrow (MHLD)
NEW YORK (TheStreet) -- The ex-dividend date for Maiden Holdings (Nasdaq:MHLD) is tomorrow, March 30, 2011. Owners of shares as of market close today will be eligible for a dividend of seven cents per share. At a price of $7.49 as of 9:30 a.m. ET, the dividend yield is 3.7%. The average volume for Maiden has been 154,100 shares per day over the past 30 days. Maiden has a market cap of $540.8 million and is part of the financial sector and insurance industry. Shares are down 5% year to date as of the close of trading on Monday. Maiden Holdings Ltd., through its subsidiaries, provides non-catastrophe inland marine and property coverage reinsurance solutions to the regional and specialty insurers in the United States and Europe. The company offers property, casualty, accident, and health reinsurance products. The company has a P/E ratio of 7.7, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 16.2.
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