Selective Insurance Group, Inc. (NASDAQ:SIGIP – Get Free Report)’s share price shot up 0.1% during mid-day trading on Friday . The stock traded as high as $15.75 and last traded at $15.5550. Approximately 8,585 shares traded hands during trading, a decline of 44% from the average session volume of 15,372 shares. The stock had previously closed at $15.54.
Selective Insurance Group Stock Up 0.1%
The company’s 50 day moving average price is $15.78 and its 200 day moving average price is $16.20.
Selective Insurance Group Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a yield of 7.4%. The ex-dividend date of this dividend is Monday, August 31st.
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.
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