Maiden Holdings North America (NYSE:MHNC) Shares Up 1.3% Following Dividend Announcement

Maiden Holdings North America, Ltd. (NYSE:MHNCGet Free Report)’s share price shot up 1.3% on Thursday following a dividend announcement from the company. The stock traded as high as $17.80 and last traded at $17.75. 2,181 shares changed hands during trading, a decline of 80% from the average session volume of 10,908 shares. The stock had previously closed at $17.51.

The newly announced dividend which will be paid on Monday, December 1st. Shareholders of record on Saturday, November 15th will be given a $0.4844 dividend. The ex-dividend date is Friday, November 14th. This represents a $1.94 annualized dividend and a yield of 10.9%.

Maiden Holdings North America Price Performance

The company has a 50-day simple moving average of $17.35 and a 200-day simple moving average of $16.97.

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