Montpelier Re (MRH) Declares $0.09 Quarterly Dividend; 2.2% Yield

November 5, 2009 5:46 PM EST

Montpelier Re Holdings Ltd. (NYSE: MRH) has declared a quarterly dividend of $0.09 per common share, or $0.36 annualized. This represents a 20% increase in the dividend.

The dividend is payable on January 15, 2010, to all shareholders of record as of December 31, 2009. The ex-dividend date is December 29, 2009.

Yield on the dividend is 2.2%.

Montpelier Re Holdings Ltd., through its subsidiaries, provides reinsurance and insurance solutions.


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