Montpelier RE Stock To Go Ex-dividend Tomorrow (MRH)

NEW YORK ( TheStreet) -- The ex-dividend date for Montpelier RE Holdings (NYSE: MRH) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $19.50 as of 10:44 a.m. ET, the dividend yield is 2.2%.

The average volume for Montpelier RE has been 452,700 shares per day over the past 30 days. Montpelier RE has a market cap of $1.07 billion and is part of the financial sector and insurance industry. Shares are up 10.9% year to date as of the close of trading on Monday.

Montpelier Re Holdings Ltd., through its subsidiaries, provides insurance and reinsurance solutions.

TheStreet Ratings rates Montpelier RE as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Montpelier RE Ratings Report.

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