Investors Title Company (NASDAQ:ITIC) Plans Quarterly Dividend of $0.46

Investors Title Company (NASDAQ:ITIC) announced a quarterly dividend on Monday, November 10th. Shareholders of record on Monday, December 1st will be given a dividend of 0.46 per share by the insurance provider on Monday, December 15th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, December 1st.

Investors Title has raised its dividend by an average of 0.1%annually over the last three years.

Investors Title Trading Down 0.1%

Shares of NASDAQ ITIC opened at $277.26 on Tuesday. The business has a 50-day moving average of $260.64 and a 200-day moving average of $235.74. The firm has a market capitalization of $523.47 million, a price-to-earnings ratio of 15.86 and a beta of 0.87. Investors Title has a 12 month low of $190.20 and a 12 month high of $290.40.

Investors Title (NASDAQ:ITIC) last issued its quarterly earnings results on Wednesday, November 5th. The insurance provider reported $6.45 EPS for the quarter. The firm had revenue of $70.97 million for the quarter. Investors Title had a net margin of 12.28% and a return on equity of 12.70%.

Investors Title Company Profile

Investors Title Company engages in the issuance of residential and commercial title insurance for residential, institutional, commercial, and industrial properties. The company underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies.