Arch Capital Group Ltd. Declares Quarterly Dividend of $0.34 (NASDAQ:ACGLO)

Arch Capital Group Ltd. (NASDAQ:ACGLO) declared a quarterly dividend on Monday, May 19th, Wall Street Journal reports. Stockholders of record on Monday, September 15th will be paid a dividend of 0.3406 per share on Tuesday, September 30th. This represents a $1.36 annualized dividend and a dividend yield of 6.60%. The ex-dividend date is Monday, September 15th.

Arch Capital Group Stock Up 0.4%

ACGLO stock traded up $0.08 during trading on Monday, hitting $20.64. 15,929 shares of the company traded hands, compared to its average volume of 23,306. The stock’s 50-day simple moving average is $20.68 and its 200 day simple moving average is $21.57. Arch Capital Group has a 1 year low of $19.99 and a 1 year high of $23.92.

About Arch Capital Group

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.