Arch Capital Group Ltd. (NASDAQ:ACGLN) to Issue Quarterly Dividend of $0.28

Arch Capital Group Ltd. (NASDAQ:ACGLN) announced a quarterly dividend on Monday, May 12th, Wall Street Journal reports. Investors of record on Sunday, June 15th will be paid a dividend of 0.2844 per share on Monday, June 30th. This represents a $1.14 annualized dividend and a yield of 6.69%. The ex-dividend date is Friday, June 13th.

Arch Capital Group Stock Performance

ACGLN stock traded down $0.04 during trading on Monday, hitting $17.01. The company had a trading volume of 30,575 shares, compared to its average volume of 38,376. The business has a 50-day moving average of $17.36 and a 200-day moving average of $18.46. Arch Capital Group has a one year low of $16.44 and a one year high of $20.99.

Arch Capital Group Company Profile

Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.