Maiden Holdings Announces Correction to Preference Shares Dividend Amount
HAMILTON, Bermuda, Nov. 9, 2012 (GLOBE NEWSWIRE) -- In the press release dated November 7, 2012, Maiden Holdings, Ltd. (Nasdaq: MHLD) announced the approval of a cash dividend on its 8.25% Non-Cumulative Perpetual Preference Shares of $0.5385 per Preference Share. Today, the Company announced that the correct amount is $0.6073 per Preference Share. The payment date of December 17, 2012 and record date of December 1, 2012, as noted in the original press release, are correct.
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, 2012, Maiden had $3.9 billion in assets and shareholders' equity of $1.0 billion.
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