Maiden Holdings North America, Ltd. (NYSE:MHNC – Get Free Report) shares traded up 1.1% during mid-day trading on Friday . The stock traded as high as $11.44 and last traded at $11.44. Approximately 1,024 shares changed hands during trading, a decline of 78% from the average session volume of 4,571 shares. The stock had previously closed at $11.31.
Maiden Holdings North America Stock Performance
The business has a fifty day moving average of $11.86 and a 200 day moving average of $12.80.
Maiden Holdings North America Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th will be issued a $0.4844 dividend. This is a boost from Maiden Holdings North America’s previous quarterly dividend of $0.48. The ex-dividend date is Friday, August 14th. This represents a $1.94 annualized dividend and a yield of 16.9%.
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.
Further Reading
- Five stocks we like better than Maiden Holdings North America
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for Maiden Holdings North America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maiden Holdings North America and related companies with MarketBeat.com's FREE daily email newsletter.
