Arch Capital Group Ltd. Declares Quarterly Dividend of $0.34 (NASDAQ:ACGLO)

Arch Capital Group Ltd. (NASDAQ:ACGLO) declared a quarterly dividend on Thursday, February 26th. Stockholders of record on Sunday, March 15th will be paid a dividend of 0.3406 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 6.6%. The ex-dividend date is Friday, March 13th.

Arch Capital Group Stock Performance

Shares of NASDAQ ACGLO traded down $0.13 during trading hours on Friday, reaching $20.79. 60,635 shares of the stock traded hands, compared to its average volume of 26,242. The company’s 50-day simple moving average is $20.83 and its two-hundred day simple moving average is $21.21. Arch Capital Group has a 52-week low of $19.99 and a 52-week high of $22.20.

Arch Capital Group Company Profile

Arch Capital Group Ltd, through its operating subsidiaries, is a global provider of insurance, reinsurance, and mortgage insurance products. The company offers property and casualty insurance for commercial and personal lines, including solutions for professional liability, marine, and energy risks. In addition, Arch Capital is active in the mortgage insurance sector, providing primary mortgage guaranty and portfolio reinsurance for residential and commercial mortgages. It also participates in specialty programs, such as political violence, aviation, and cyber coverage.

Founded in 2001 and headquartered in Pembroke, Bermuda, Arch Capital Group has established a presence across North America, Europe, and the Asia-Pacific region.