Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Free Report) announced a quarterly dividend on Thursday, November 5th. Investors of record on Tuesday, December 15th will be paid a dividend of $0.2844 per share on Thursday, December 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend is Tuesday, December 15th.
Arch Capital Group Price Performance
ACGLN stock remained flat at $15.05 during mid-day trading on Friday. The company’s stock had a trading volume of 16,290 shares, compared to its average volume of 51,040. Arch Capital Group has a 1-year low of $14.71 and a 1-year high of $17.99. The company has a 50-day moving average price of $15.26 and a two-hundred day moving average price of $16.41.
Arch Capital Group Company Profile
Arch Capital Group Ltd. is a Bermuda-based insurance and reinsurance company founded in 1995. Through its operating businesses, the company provides specialty insurance, reinsurance and mortgage insurance to businesses, financial institutions and other customers.
Arch’s insurance offerings include property and casualty coverage, such as professional liability, casualty and property insurance. Its reinsurance business assumes risks from other insurers across a range of lines, while its mortgage insurance business provides coverage that helps protect mortgage lenders against borrower defaults.
The company serves customers and insurance partners in the United States and internationally, including through operations in Bermuda and Europe.
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