Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Free Report) announced a quarterly dividend on Thursday, February 26th. Stockholders of record on Sunday, March 15th will be paid a dividend of 0.2844 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, March 13th.
Arch Capital Group Stock Performance
NASDAQ ACGLN traded down $0.10 during mid-day trading on Friday, hitting $17.60. The stock had a trading volume of 107,906 shares, compared to its average volume of 47,344. The company has a 50 day simple moving average of $17.39 and a 200 day simple moving average of $17.55. Arch Capital Group has a 52-week low of $16.44 and a 52-week high of $18.96.
Arch Capital Group Company Profile
Arch Capital Group Ltd is a Bermuda-based financial services company that provides insurance, reinsurance and mortgage insurance products through its subsidiaries. The company underwrites a broad array of property and casualty insurance, specialty insurance, and reinsurance business, designing customized solutions for clients across commercial, personal and specialty markets. Arch’s offerings include commercial casualty and property, directors and officers liability, professional liability, surety, and mortgage insurance products.
In its reinsurance segment, Arch writes treaty and facultative business lines, encompassing property catastrophe, casualty and specialty risks.
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