Montpelier Re Holdings Ltd. (MRH) Declares $0.20 Quarterly Dividend; Announces Preferred Redemption

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Montpelier Declares Second Quarter Dividends and Issues Notice of Redemption of Series A Preferred Shares

May 28, 2015 8:42 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Montpelier Re Holdings Ltd. (NYSE: MRH) (the Company or Montpelier) today announced that its Board of Directors (the Board) has declared a quarterly dividend of $0.20 per common share (the Common Shares) and a quarterly dividend of $0.554688 per 8.875% Non-Cumulative Preferred Share, Series A (the Preferred Shares). The Common Share dividend will be payable on June 30, 2015, to each common shareholder of record on June 16, 2015, and the Preferred Share dividend will be payable on June 29, 2015, to each preferred shareholder of record on June 15, 2015.

The Board on May 28, 2015 also delivered to the preferred shareholders a notice of... More