Flagstone Reinsurance Stock To Go Ex-dividend Tomorrow (FSR)

NEW YORK ( TheStreet) -- The ex-dividend date for Flagstone Reinsurance Holdings (NYSE: FSR) is tomorrow, December 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $7.71 as of 9:30 a.m. ET, the dividend yield is 2.1%.

The average volume for Flagstone Reinsurance has been 212,400 shares per day over the past 30 days. Flagstone Reinsurance has a market cap of $524 million and is part of the financial sector and insurance industry. Shares are down 40.6% year to date as of the close of trading on Tuesday.

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.

TheStreet Ratings rates Flagstone Reinsurance as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Flagstone Reinsurance Ratings Report.

See our dividend calendar or top-yielding stocks list.

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