Selective Insurance Group, Inc. Plans Quarterly Dividend of $0.29 (NASDAQ:SIGIP)

Selective Insurance Group, Inc. (NASDAQ:SIGIP) announced a quarterly dividend on Thursday, January 29th. Shareholders of record on Friday, February 27th will be given a dividend of 0.2875 per share on Monday, March 16th. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Friday, February 27th.

Selective Insurance Group Trading Down 0.3%

Shares of NASDAQ:SIGIP traded down $0.05 on Friday, hitting $17.13. 1,976 shares of the company’s stock were exchanged, compared to its average volume of 5,341. Selective Insurance Group has a 1-year low of $16.61 and a 1-year high of $18.74. The firm’s 50-day moving average is $16.95 and its 200 day moving average is $17.45.

About Selective Insurance Group

Selective Insurance Group, Inc is a property and casualty insurance holding company that underwrites a range of specialty and standard insurance products through a nationwide network of independent agents. The company’s core business focuses on commercial lines for small to mid-sized businesses, offering coverage for general liability, commercial auto, property, professional liability, and environmental liability exposures. In addition, Selective provides personal lines insurance, including homeowners and auto policies, through select agency partners in targeted markets.

Selective’s product portfolio is organized into three main segments: commercial property and casualty, personal lines, and reinsurance solutions.