Investors Title Company (ITIC) To Go Ex-Dividend on December 1st

Investors Title Company (NASDAQ:ITIC) declared a special dividend on Monday, November 9th. Stockholders of record on Tuesday, December 1st will be paid a dividend of $19.27 per share by the insurance provider on Tuesday, December 15th. The ex-dividend date of this dividend is Tuesday, December 1st.

Investors Title has decreased its dividend by an average of 0.1% annually over the last three years.

Investors Title Trading Up 4.1%

Investors Title stock opened at $270.43 on Wednesday. The company has a market capitalization of $511.11 million, a P/E ratio of 13.61 and a beta of 0.60. Investors Title has a 1-year low of $209.75 and a 1-year high of $309.55. The firm’s fifty day simple moving average is $286.32 and its 200-day simple moving average is $261.90.

Investors Title (NASDAQ:ITIC) last posted its earnings results on Thursday, November 5th. The insurance provider reported $4.97 EPS for the quarter. Investors Title had a net margin of 12.47% and a return on equity of 13.64%. The firm had revenue of $83.55 million for the quarter.

About Investors Title

Investors Title Company (NASDAQ: ITIC) is a title insurance and real estate services company headquartered in Chapel Hill, North Carolina. Through its subsidiaries, it provides title insurance that helps protect property owners and mortgage lenders against certain losses arising from defects in a property’s title. The company also offers related services, including title examination and settlement support, as well as tax-deferred exchange services for real estate transactions. It distributes its products through a network of agents and its own operations in multiple U.S. states.