Fidelis Insurance Holdings Limited (NYSE:PLGO) Announces $0.15 Quarterly Dividend

Fidelis Insurance Holdings Limited (NYSE:PLGO) announced a quarterly dividend on Monday, August 3rd. Investors of record on Monday, September 14th will be paid a dividend of 0.15 per share on Friday, September 25th. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Monday, September 14th.

Fidelis Insurance Stock Down 0.1%

Fidelis Insurance stock opened at $25.27 on Tuesday. The stock has a market capitalization of $2.18 billion, a P/E ratio of 6.76 and a beta of 0.28. The company’s fifty day simple moving average is $24.01. Fidelis Insurance has a 52-week low of $14.95 and a 52-week high of $26.34. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.37.

Fidelis Insurance (NYSE:PLGO) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.19. The firm had revenue of $612.20 million for the quarter, compared to the consensus estimate of $577.19 million. Fidelis Insurance had a net margin of 15.33% and a return on equity of 14.44%. On average, equities research analysts anticipate that Fidelis Insurance will post 3.8 earnings per share for the current fiscal year.

About Fidelis Insurance

Fidelis is a leading global provider of bespoke and specialty insurance and reinsurance products. We believe our differentiated underwriting positions us well to generate strong returns across (re)insurance cycles. Current Fidelis is led by Mr. Daniel Burrows who has more than 35 years of experience in the insurance industry and is supported by a highly experienced management team that manages the operations of Current Fidelis based on our founding principles. Following the Separation Transactions, Current Fidelis is positioned as a global, specialty insurance provider with exclusive right of first access to Fidelis MGU’s underwriting business during the term of the Framework Agreement.