Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Free Report) announced a quarterly dividend on Wednesday, May 6th. Investors 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 Price Performance
NASDAQ ACGLN traded up $0.04 on Friday, hitting $16.36. 44,260 shares of the stock traded hands, compared to its average volume of 40,889. The business’s fifty day moving average is $16.83 and its two-hundred day moving average is $17.08. Arch Capital Group has a 12 month low of $16.11 and a 12 month high of $18.34.
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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