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

NEW YORK ( TheStreet) -- The ex-dividend date for Flagstone Reinsurance Holdings (NYSE: FSR) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $7.46 as of 9:30 a.m. ET, the dividend yield is 2.2%.

The average volume for Flagstone Reinsurance has been 174,900 shares per day over the past 30 days. Flagstone Reinsurance has a market cap of $525.8 million and is part of the financial sector and insurance industry. Shares are down 10.7% year to date as of the close of trading on Friday.

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

TheStreet Ratings rates Flagstone Reinsurance as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Flagstone Reinsurance Ratings Report.

See our dividend calendar or top-yielding stocks list.

null