Alterra Capital sets 14-cent quarterly dividend

AP News
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Posted: Nov 01, 2011 5:36 PM
Alterra Capital sets 14-cent quarterly dividend

Alterra Capital Holdings Ltd. said Tuesday its board of directors declared a quarterly dividend of 14 cents per share.

The dividend is payable on Nov. 29 to shareholders of record as of Nov. 15.

The company, based in Bermuda, provides insurance and reinsurance to companies, governmental groups and other insurers.

Shares in Alterra fell 35 cents, or 1.6 percent, to $21.33 in Tuesday trading.