Maiden Holdings North America (NYSE:MHNC) Trading Down 0.6% – What’s Next?

Maiden Holdings North America, Ltd. (NYSE:MHNC)’s stock price traded down 0.6% on Monday . The stock traded as low as $15.12 and last traded at $15.4450. 12,358 shares were traded during trading, an increase of 255% from the average session volume of 3,486 shares. The stock had previously closed at $15.54.

Maiden Holdings North America Stock Down 0.6%

The business’s fifty day moving average is $15.77 and its 200-day moving average is $16.92.

Maiden Holdings North America Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Sunday, February 15th will be issued a dividend of $0.4844 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 12.5%. This is a boost from Maiden Holdings North America’s previous quarterly dividend of $0.48. The ex-dividend date is Friday, February 13th.

Maiden Holdings North America Ltd. (NYSE: MHNC) is a specialty property and casualty reinsurer headquartered in Wilton, Connecticut. As a subsidiary of Bermuda-based Maiden Holdings, Ltd., the company provides treaty and facultative reinsurance solutions for primary insurers. Since its founding in 2007, Maiden Holdings North America has developed underwriting capabilities in property catastrophe, casualty, agriculture, surety and mortgage reinsurance, targeting niche segments where disciplined risk selection and tailored coverage can drive value.

The company’s product offerings include multi-year and annual treaty contracts, facultative reinsurance for individual risks, and run-off and legacy portfolio management services.