The board of directors of  Montpelier Re Holdings Ltd. (NYSE:MRH) approved a 5% increase in its quarterly dividend. The increased dividend of 10.5 cents will be paid on or before January 15, 2012, to shareholders of record as of December 31, 2011.
Montpelier has a consistent track record of paying dividends regularly, marking the straight third year of dividend increase with this approval. The prior authorization was made on November 2010. The board, then, had approved an 11% dividend … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards