Global Indemnity Ltd (NASDAQ:GBLI) Plans $0.25 Quarterly Dividend
Global Indemnity Ltd (NASDAQ:GBLI) declared a quarterly dividend on Monday, September 14th, Zacks reports. Investors of record on Friday, September 25th will be paid a dividend of 0.25 per share by the insurance provider on Wednesday, September 30th. This represents a $1.00 annualized dividend and a yield of 4.17%. The ex-dividend date is Thursday, September 24th.
Shares of NASDAQ GBLI opened at $23.99 on Wednesday. Global Indemnity has a 1-year low of $17.01 and a 1-year high of $34.65. The company has a market cap of $344.19 million, a PE ratio of 12.18 and a beta of 0.49. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 0.40. The company has a 50-day moving average of $24.25 and a two-hundred day moving average of $24.72.
Separately, BidaskClub upgraded shares of Global Indemnity from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 18th.
About Global Indemnity
Global Indemnity Limited, through its subsidiaries, provides insurance and reinsurance products and services in the United States and internationally. The company operates through three segments: Commercial Lines, Personal Lines, and Reinsurance Operations. The Commercial Lines segment distributes property, general liability, casualty, and professional lines products, as well as products for vacant, and under construction and renovation dwellings.
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