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NEW YORK ( TheStreet) -- The ex-dividend date for Montpelier RE Holdings (NYSE: MRH) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $20.60 as of 9:30 a.m. ET, the dividend yield is 2%. The average volume for Montpelier RE has been 469,400 shares per day over the past 30 days. Montpelier RE has a market cap of $1.19 billion and is part of the financial sector and insurance industry. Shares are up 17% year to date as of the close of trading on Monday. Montpelier Re Holdings Ltd., through its subsidiaries, provides insurance and reinsurance solutions worldwide. The company has a P/E ratio of 14.8, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.