Arch Capital Group Ltd. (ACGLO) to Issue Quarterly Dividend of $0.34 on March 31st

Arch Capital Group Ltd. (NASDAQ:ACGLO) declared a quarterly dividend on Thursday, February 26th. Stockholders of record on Sunday, March 15th will be paid a dividend of 0.3406 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date is Friday, March 13th.

Arch Capital Group Stock Performance

ACGLO traded down $0.13 on Friday, reaching $20.79. 60,635 shares of the company traded hands, compared to its average volume of 26,242. The stock’s 50 day moving average price is $20.83 and its 200-day moving average price is $21.21. Arch Capital Group has a 52-week low of $19.99 and a 52-week high of $22.20.

Arch Capital Group Company Profile

Arch Capital Group Ltd, through its operating subsidiaries, is a global provider of insurance, reinsurance, and mortgage insurance products. The company offers property and casualty insurance for commercial and personal lines, including solutions for professional liability, marine, and energy risks. In addition, Arch Capital is active in the mortgage insurance sector, providing primary mortgage guaranty and portfolio reinsurance for residential and commercial mortgages. It also participates in specialty programs, such as political violence, aviation, and cyber coverage.

Founded in 2001 and headquartered in Pembroke, Bermuda, Arch Capital Group has established a presence across North America, Europe, and the Asia-Pacific region.