Fred Clark, Jr. Buys 6,299 Shares of National Security Group, Inc. (NSEC) Stock
National Security Group, Inc. (NASDAQ:NSEC) Director Fred Clark, Jr. acquired 6,299 shares of the stock in a transaction on Wednesday, November 29th. The shares were purchased at an average price of $14.96 per share, for a total transaction of $94,233.04. Following the transaction, the director now directly owns 38,596 shares in the company, valued at $577,396.16. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
National Security Group, Inc. (NASDAQ:NSEC) traded up $0.45 during mid-day trading on Friday, reaching $15.00. The company’s stock had a trading volume of 65 shares, compared to its average volume of 2,247. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.33. National Security Group, Inc. has a 1 year low of $11.52 and a 1 year high of $18.40.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Monday, November 6th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend was Friday, November 3rd. National Security Group’s payout ratio is -25.64%.
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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