White Mountains Insurance Group, Ltd. Announces Annual Dividend of $1.00 (NYSE:WTM)

White Mountains Insurance Group, Ltd. (NYSE:WTM) declared an annual dividend on Thursday, February 26th. Shareholders of record on Monday, March 16th will be paid a dividend of 1.00 per share by the insurance provider on Wednesday, March 25th. This represents a dividend yield of 4.0%. The ex-dividend date of this dividend is Monday, March 16th.

White Mountains Insurance Group has a payout ratio of 0.9% meaning its dividend is sufficiently covered by earnings.

White Mountains Insurance Group Trading Up 0.0%

Shares of WTM stock traded up $0.53 during mid-day trading on Friday, hitting $2,223.50. 21,669 shares of the company’s stock were exchanged, compared to its average volume of 16,271. The stock has a market cap of $5.65 billion, a price-to-earnings ratio of 5.14 and a beta of 0.36. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.14. White Mountains Insurance Group has a fifty-two week low of $1,648.00 and a fifty-two week high of $2,264.70. The stock has a 50-day simple moving average of $2,106.09 and a two-hundred day simple moving average of $1,959.15.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Friday, February 6th. The insurance provider reported $39.77 EPS for the quarter, missing the consensus estimate of $379.45 by ($339.68). White Mountains Insurance Group had a net margin of 29.62% and a return on equity of 8.41%. The business had revenue of $1.60 billion during the quarter.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.