Arch Capital Group Ltd. (NASDAQ:ACGLN) Announces $0.28 Quarterly Dividend

Arch Capital Group Ltd. (NASDAQ:ACGLN) declared a quarterly dividend on Thursday, February 26th. Stockholders of record on Sunday, March 15th will be given a dividend of 0.2844 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, March 13th.

Arch Capital Group Trading Down 0.6%

Shares of ACGLN stock traded down $0.10 during trading hours on Friday, hitting $17.60. 107,906 shares of the company were exchanged, compared to its average volume of 47,344. The firm has a fifty day simple moving average of $17.39 and a 200 day simple moving average of $17.55. Arch Capital Group has a 52-week low of $16.44 and a 52-week high of $18.96.

Arch Capital Group Company Profile

Arch Capital Group Ltd is a Bermuda-based financial services company that provides insurance, reinsurance and mortgage insurance products through its subsidiaries. The company underwrites a broad array of property and casualty insurance, specialty insurance, and reinsurance business, designing customized solutions for clients across commercial, personal and specialty markets. Arch’s offerings include commercial casualty and property, directors and officers liability, professional liability, surety, and mortgage insurance products.

In its reinsurance segment, Arch writes treaty and facultative business lines, encompassing property catastrophe, casualty and specialty risks.