Fred Clark, Jr. Buys 3,000 Shares of National Security Group, Inc. (NSEC) Stock
National Security Group, Inc. (NASDAQ:NSEC) Director Fred Clark, Jr. purchased 3,000 shares of the stock in a transaction that occurred on Monday, August 28th. The stock was purchased at an average price of $13.52 per share, with a total value of $40,560.00. Following the acquisition, the director now directly owns 28,694 shares of the company’s stock, valued at approximately $387,942.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of National Security Group, Inc. (NASDAQ:NSEC) traded up 10.18% during mid-day trading on Wednesday, hitting $14.93. The company had a trading volume of 9,553 shares. National Security Group, Inc. has a 52-week low of $13.03 and a 52-week high of $19.99. The firm’s market capitalization is $37.65 million. The firm has a 50-day moving average price of $13.69 and a 200 day moving average price of $15.16.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Monday, August 7th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend is Thursday, August 3rd. National Security Group’s payout ratio is currently -105.26%.
National Security Group Company Profile
The National Security Group, Inc is an insurance holding company. The Company, through its subsidiaries, operates through two segments: property and casualty insurance, and life insurance. Its property and casualty insurance business is conducted through National Security Fire and Casualty Company (NSFC), a subsidiary of the Company, and Omega One Insurance Company (Omega), a subsidiary of NSFC.
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