Fidelis Insurance Holdings Limited (PLGO) to Distribute Quarterly Dividend of $0.22 on December 23rd

Fidelis Insurance Holdings Limited (NYSE:PLGO) announced a quarterly dividend on Tuesday, November 3rd. Stockholders of record on Friday, December 11th will be given a dividend of $0.22 per share on Wednesday, December 23rd. This represents a $0.88 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Friday, December 11th. This is a 46.7% increase from Fidelis Insurance’s previous quarterly dividend of $0.15.

Fidelis Insurance Stock Performance

NYSE:PLGO opened at $27.43 on Thursday. The firm has a fifty day simple moving average of $24.84. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.65 and a current ratio of 0.65. The stock has a market capitalization of $2.37 billion, a price-to-earnings ratio of 6.72 and a beta of 0.24. Fidelis Insurance has a one year low of $17.87 and a one year high of $27.49.

Fidelis Insurance (NYSE:PLGO) last announced its earnings results on Tuesday, June 30th. The company reported $0.34 earnings per share (EPS) for the quarter. Fidelis Insurance had a return on equity of 15.26% and a net margin of 15.94%. The firm had revenue of $650.00 million for the quarter. As a group, equities research analysts predict that Fidelis Insurance will post 3.18 earnings per share for the current fiscal year.

About Fidelis Insurance

Fidelis Insurance Holdings Limited is a specialty insurance company that provides customized insurance and reinsurance solutions for complex and large-scale risks. The company operates through a portfolio of underwriting businesses designed to serve clients and brokers whose coverage needs may not be fully addressed by the standard insurance market.

Its offerings include specialty property and casualty insurance, commercial insurance, marine and aviation coverage, energy-related insurance, cyber insurance, political risk protection and other tailored products.