Oxbridge announces dividend of USD0.12 per share for quarter.
M2 EQUITYBITES-May 13, 2015-Oxbridge announces dividend of USD0.12 per share for quarter
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Oxbridge Re Holdings Limited's (NASDAQ:OXBR) board of directors approved a regular quarterly cash dividend of USD0.12 per share, the company disclosed on Tuesday.
The dividend will be paid on 29 June 2015 to shareholders of record on the close of business on 8 June 2015.
Oxbridge is a Cayman Islands exempted company that was organized in April 2013 to provide reinsurance business solutions primarily to property and casualty insurers in the Gulf Coast region of the US.
Further, the company mentioned that through its licensed reinsurance subsidiary, Oxbridge Reinsurance Limited, it writes fully collateralised policies to cover property losses from specified catastrophes, it also specialises in underwriting medium frequency and high severity risks.
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|Publication:||M2 EquityBites (EQB)|
|Date:||May 13, 2015|
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