Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Free Report) announced a quarterly dividend on Wednesday, May 6th. Stockholders of record on Monday, June 15th will be given a dividend of 0.2844 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Monday, June 15th.
Arch Capital Group Stock Up 0.2%
Shares of NASDAQ:ACGLN traded up $0.04 during midday trading on Friday, reaching $16.36. The company’s stock had a trading volume of 44,260 shares, compared to its average volume of 40,889. Arch Capital Group has a twelve month low of $16.11 and a twelve month high of $18.34. The stock has a fifty day moving average of $16.83 and a 200 day moving average of $17.08.
About Arch Capital Group
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.
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