Stock News Summary: Watford Holdings Ltd. (NASDAQ:WTRE)

Watford Holdings Ltd. (NASDAQ:WTRE) spotted trading -16.37% off 52-week high price. On the other end, the stock has been noted 29.28% away from the low price over the last 52-weeks. The stock changed -1.26% to recent value of $24.24. The stock transacted 63005 shares during most recent day however it has an average volume of 175.07K shares. The company has 22.98M of outstanding shares and 22.5M shares were floated in the market.

Watford Holdings Ltd. (NASDAQ:WTRE) reported that on September 30, 2019, it intends to pay to holders of record as of September 15, 2019 (the Record Date) a quarterly dividend on its 8½% Cumulative Redeemable Preference Shares, which trade on Nasdaq under the ticker symbol WTREP (the Preference Shares).

At the beginning of each calendar quarter beginning July 1, 2019, the dividend rate on the Preference Shares will be adjusted for that calendar quarter to a rate equal to the 3-month USD LIBOR on the first calendar day of the quarter (or the next business day, if such first day is not a business day) plus a margin of 6.678%, and the dividend paid for that calendar quarter shall be based on the actual number of days in such quarter.

Pursuant to their terms, Watford intends to pay a quarterly dividend (the 3Q2019 Dividend) on the Preference Shares of $0.56778 per share on September 30, 2019 to holders of record of the Preference Shares who held such shares on the Record Date.

Its earnings per share (EPS) expected to touch remained -401.70% for this year.

The price moved ahead of 1.65% from the mean of 20 days, 0.99% from mean of 50 days SMA and performed -4.38% from mean of 200 days price. Company’s performance for the week was 3.59%, 11.60% for month and YTD performance remained -10.22%.

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