NEW YORK (

TheStreet

) -- The ex-dividend date for

Flagstone Reinsurance Holdings

(NYSE:

FSR

) is tomorrow, August 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $7.08 as of 9:30 a.m. ET, the dividend yield is 2.3%.

The average volume for Flagstone Reinsurance has been 275,900 shares per day over the past 30 days. Flagstone Reinsurance has a market cap of $491.8 million and is part of the

financial

sector and

insurance

industry. Shares are down 44.6% year to date as of the close of trading on Friday.

Flagstone Reinsurance Holdings, S.A., through its subsidiaries, operates as a reinsurance and insurance company worldwide. The company primarily writes property, property catastrophe, and short-tail specialty and casualty reinsurance products.

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TheStreet Ratings rates Flagstone Reinsurance as a

sell

. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and poor profit margins. You can view the full

Flagstone Reinsurance Ratings Report

.

See our

dividend calendar

or

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.

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