On 5/29/13, RenaissanceRe Holdings Ltd.'s 6.60% Series D Preference Shares (NYSE: RNR.PRD) will trade ex-dividend, for its quarterly dividend of $0.4125, payable on 6/3/13. As a percentage of RNR.PRD's recent share price of $25.52, this dividend works out to approximately 1.62%, so look for shares of RNR.PRD to trade 1.62% lower -- all else being equal -- when RNR.PRD shares open for trading on 5/29/13. On an annualized basis, the current yield is approximately 6.49%, which compares to an averag...
Cash Dividend On The Way From RenaissanceRe Holdings Series D Preference Shares
Forbes - 28 May 2013 20:19
On 5/29/13, RenaissanceRe Holdings Ltd.'s 6.60% Series D Preference Shares (NYSE: RNR.PRD) will trade ex-dividend, for its quarterly dividend of $0.4125, payable on 6/3/13. As a percentage of RNR.PRD's recent share price of $25.52, this dividend works out to approximately 1.62%, so look for shares of RNR.PRD to trade 1.62% lower -- all else being equal -- when RNR.PRD shares open for trading on 5/29/13. On an annualized basis, the current yield is approximately 6.49%, which compares to an averag...
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