Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa

  • Creatore Discussione Creatore Discussione Topgun1976
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Sep. 7, 2018 12:04 PM ET|About: Maiden Hldgs Ltd (MHLD)|By: Liz Kiesche, SA News Editor
Maiden Holdings (NASDAQ:MHLD) slumps 15% in midday trading with no specific news to account for the decline.
A filing on Tuesday gives details on the company's agreement to sell its Maiden Reinsurance North America unit and also discloses that it will pay a $3.325M lump sum to its CFO, Karen L. Schmitt, under a separation agreement.
Schmitt is expected to leave the company March 1, 2018, but could occur sooner; Schmitt was scheduled to get a $2M payment on Aug. 31, 2018 and will get $1.325M within a week after she provides a second release of claims, expected at her termination date.
Regarding the MRNA transaction, Maiden Re will provide Enstar with a reinsurance cover for loss reserve development $100M over the net loss adjustment expenses recorded as of June 30, 2018, up to a maximum of $25.0M.
Upcoming: ex-dividend date Sept. 28; on Aug. 9, Maiden declared a quarterly dividend of 5 cents per share, a 67% cut from prior div of 15 cents. Payable Oct. 15 to shareholders of record Oct. 1.
 
NoWay ha scritto:
Vedo ora... ieri sera buy Prospect Capital 6.250% US74348T4094 a 24,96...
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cyber-fratello.. ti sono venuto dietro ;)


upload_2018-9-7_20-1-15.png


ovviamente ormai il dividendo di settembre salta....
 
Ultima modifica:
Maiden will pay the preferred dividend on September 17th ..
May be the market worries about the future... after they cut the dividend following an unexpected loss ?
Also the preferred are NON cumulative.
Nevertheless when a company reduces the dividend on the common share it is usually positive for bonds and preferred holders.
Fabrib ha scritto:
Sep. 7, 2018 12:04 PM ET|About: Maiden Hldgs Ltd (MHLD)|By: Liz Kiesche, SA News Editor
Maiden Holdings (NASDAQ:MHLD) slumps 15% in midday trading with no specific news to account for the decline.
A filing on Tuesday gives details on the company's agreement to sell its Maiden Reinsurance North America unit and also discloses that it will pay a $3.325M lump sum to its CFO, Karen L. Schmitt, under a separation agreement.
Schmitt is expected to leave the company March 1, 2018, but could occur sooner; Schmitt was scheduled to get a $2M payment on Aug. 31, 2018 and will get $1.325M within a week after she provides a second release of claims, expected at her termination date.
Regarding the MRNA transaction, Maiden Re will provide Enstar with a reinsurance cover for loss reserve development $100M over the net loss adjustment expenses recorded as of June 30, 2018, up to a maximum of $25.0M.
Upcoming: ex-dividend date Sept. 28; on Aug. 9, Maiden declared a quarterly dividend of 5 cents per share, a 67% cut from prior div of 15 cents. Payable Oct. 15 to shareholders of record Oct. 1.
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Aug 9, 2018
PDF Version
PEMBROKE, Bermuda, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Maiden Holdings, Ltd. (NASDAQ: MHLD) today announced that the Company’s Board of Directors approved a quarterly cash dividend of $.05 per share of common stock payable on October 15, 2018 to shareholders of record as of October 1, 2018.

Maiden’s Board of Directors also approved the following cash dividends on its preference shares that are payable on September 17, 2018 to shareholders of record as of September 1, 2018:

  • Series A 8.250% Non-Cumulative Preference Shares of $0.515625 per Preference Share
  • Series C 7.125% Non-Cumulative Preference Shares of $0.445313 per Preference Share
  • Series D 6.700% Non-Cumulative Preference Shares of $0.418750 per Preference Share
As regards the Company’s reduction in its common stock dividend, the Company’s Board determined that this distribution should be commensurate with the current earnings power of the business and as the Company continues to undertake and implement its strategic review, it expects to revisit the common stock dividend in the context of the steps taken to increase shareholder value.
Maiden Holdings Announces Dividends on Common Shares and Preference Shares | Maiden Holdings, Ltd.
 
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