TheStreet upgraded shares of Donegal Group, Inc. (NASDAQ:DGICB) from a c+ rating to a b rating in a research report released on Wednesday.

Donegal Group (NASDAQ:DGICB) opened at $15.40 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.42 and a current ratio of 0.42. The company has a market capitalization of $423.79, a PE ratio of 33.59 and a beta of 0.91. Donegal Group has a fifty-two week low of $13.35 and a fifty-two week high of $18.50.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st were issued a dividend of $0.1225 per share. This represents a $0.49 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date was Tuesday, October 31st. Donegal Group’s dividend payout ratio is 87.50%.

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About Donegal Group

Donegal Group Inc (DGI) is an insurance holding company whose insurance subsidiaries offer personal and commercial lines of property and casualty insurance. The Company offered its insurance business to various businesses and individuals in 21 Mid-Atlantic, Midwestern, New England and Southern states, as of December 31, 2016.

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