Forbes -
28 May 2013 20:18

On 5/29/13, RenaissanceRe Holdings Ltd.'s 6.08% Series C Preference Shares (NYSE: RNR.PRC) will trade ex-dividend, for its quarterly dividend of $0.38, payable on 6/3/13. As a percentage of RNR.PRC's recent share price of $25.48, this dividend works out to approximately 1.49%, so look for shares of RNR.PRC to trade 1.49% lower -- all else being equal -- when RNR.PRC shares open for trading on 5/29/13. On an annualized basis, the current yield is approximately 5.97%, which compares to an average ...
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