Enstar Group Limited (NASDAQ:ESGRO) Declares $0.44 Quarterly Dividend

Enstar Group Limited (NASDAQ:ESGRO) declared a quarterly dividend on Tuesday, May 7th, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.4375 per share on Monday, June 3rd. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.04%. The ex-dividend date of this dividend is Tuesday, May 14th.

Enstar Group Price Performance

Shares of NASDAQ:ESGRO traded up $0.31 during midday trading on Tuesday, hitting $24.85. The stock had a trading volume of 23,873 shares, compared to its average volume of 8,519. The company’s 50-day moving average price is $24.60 and its 200-day moving average price is $24.33. Enstar Group has a fifty-two week low of $21.78 and a fifty-two week high of $25.47.

Enstar Group Company Profile

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.