Maiden Stock To Go Ex-dividend Tomorrow (MHLD)

NEW YORK ( TheStreet) -- The ex-dividend date for Maiden Holdings (Nasdaq: MHLD) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $9.09 as of 9:58 a.m. ET, the dividend yield is 3.5%.

The average volume for Maiden has been 197,000 shares per day over the past 30 days. Maiden has a market cap of $662.1 million and is part of the financial sector and insurance industry. Shares are up 3.9% year to date as of the close of trading on Tuesday.

Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers primarily in the United States and Europe. The company offers property, casualty, accident, and health reinsurance products. The company has a P/E ratio of 23.6, above the average insurance industry P/E ratio of 22.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Maiden as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Maiden Ratings Report.

See our dividend calendar or top-yielding stocks list.
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