May 22, 2009 (FinancialWire) — The board of Transatlantic Holdings, Inc. (NYSE: TRH) has declared a quarterly cash dividend of $0.20 per share on the company’s common stock, payable September 17 to stockholders of record on September 3. The move represents a 5.3 percent increase in the stock’s quarterly dividend.

Transatlantic said it has raised the quarterly dividend every year since TRH became a public company in 1990.

New York-based Transatlantic Holdings is a reinsurance organization whose subsidiaries, Transatlantic Reinsurance Co., Trans Re Zurich and Putnam Reinsurance Co., offer reinsurance capacity on both a treaty and facultative basis.

The company structures programs for a range of property and casualty products, with an emphasis on specialty risks.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.