On 11/26/13, RenaissanceRe Holdings Ltd.'s 6.08% Series C Preference Shares ( RNR.PRC) will trade ex-dividend, for its quarterly dividend of $0.38, payable on 12/2/13. As a percentage of RNR.PRC's recent share price of $23.24, this dividend works out to approximately 1.64%, so look for shares of RNR.PRC to trade 1.64% lower — all else being equal — when RNR.PRC shares open for trading on 11/26/13. On an annualized basis, the current yield is approximately 6.55%, which compares to an average yield of 5.95% in the "Financial" preferred stock category, according to Preferred Stock Channel.As of last close, RNR.PRC was trading at a 7.04% discount to its liquidation preference amount. The chart below shows the one year performance of RNR.PRC shares, versus RNR: Below is a dividend history chart for RNR.PRC, showing historical dividends prior to the most recent $0.38 on RenaissanceRe Holdings Ltd.'s 6.08% Series C Preference Shares: According to the ETF Finder at ETF Channel, RenaissanceRe Holdings Ltd. ( RNR) makes up 3.12% of the KBW Property & Casualty Insurance Portfolio ETF (KBWP) which is trading relatively unchanged on the day Friday. In Friday trading, RenaissanceRe Holdings Ltd.'s 6.08% Series C Preference Shares ( RNR.PRC) is currently trading flat on the day, while the common shares ( RNR) are up about 1.1%.