Maiden Holdings Announces Dividends on Common Shares and Preference Shares


HAMILTON, Bermuda, Feb. 15, 2016 (GLOBE NEWSWIRE) -- Maiden Holdings, Ltd. (NASDAQ:MHLD) today announced that its Board of Directors approved a quarterly cash dividend of $0.14 per share of common stock. The dividend will be payable on April 15, 2016 to shareholders of record as of April 1, 2016.

Maiden’s Board of Directors also approved a cash dividend on its Series A 8.25% Non-Cumulative Preference Shares of $0.515625 per Preference Share. The dividend will be payable on March 15, 2016 to shareholders of record as of March 1, 2016.

Maiden’s Board of Directors also approved a cash dividend on its Series B 7.25% Mandatory Convertible Preference Shares of $0.90625 per Preference Share. The dividend will be payable on March 15, 2016 to shareholders of record as of March 1, 2016.

Additionally, Maiden’s Board of Directors also approved a cash dividend on its Series C 7.125% Non-Cumulative Preference Shares of $0.544271 per Preference Share. The dividend will be payable on March 15, 2016 to shareholders of record as of March 1, 2016.

About Maiden Holdings, Ltd.

Maiden Holdings, Ltd. is a Bermuda-based holding company formed in 2007. Through its subsidiaries, which are each A- rated (excellent) by A.M. Best, the Company is focused on providing non-catastrophic, customized reinsurance products and services to small and mid-size insurance companies in the United States and Europe. As of September 30, 2015, Maiden had $5.8 billion in assets and shareholders' equity of $1.2 billion.

The Maiden Holdings, Ltd. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5006


            

Contact Data