Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Free Report) announced a quarterly dividend on Wednesday, May 6th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.2844 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Tuesday, September 15th.
Arch Capital Group Trading Down 0.3%
Shares of ACGLN opened at $15.61 on Friday. Arch Capital Group has a twelve month low of $15.43 and a twelve month high of $18.31. The business’s 50-day moving average price is $16.13 and its 200-day moving average price is $16.55.
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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