Forbes -
25 Aug 2014 19:52

On 8/27/14, 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 9/2/14. As a percentage of RNR.PRC's recent share price of $25.35, this dividend works out to approximately 1.50%, so look for shares of RNR.PRC to trade 1.50% lower — all else being equal — when RNR.PRC shares open for trading on 8/27/14. On an annualized basis, the current yield is approximately 6.00%, which compares to an averag...
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