Selective Insurance Group (NASDAQ:SIGIP) Stock Price Down 0.1% – What’s Next?

Shares of Selective Insurance Group, Inc. (NASDAQ:SIGIP) traded down 0.1% during mid-day trading on Monday . The stock traded as low as $16.01 and last traded at $16.0370. 3,085 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 5,147 shares. The stock had previously closed at $16.05.

Selective Insurance Group Stock Down 0.2%

The company has a fifty day moving average price of $16.36 and a 200-day moving average price of $16.72.

Selective Insurance Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a $0.2875 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.15 dividend on an annualized basis and a yield of 7.2%.

About Selective Insurance Group

Selective Insurance Group, Inc is a property and casualty insurance holding company that underwrites a range of specialty and standard insurance products through a nationwide network of independent agents. The company’s core business focuses on commercial lines for small to mid-sized businesses, offering coverage for general liability, commercial auto, property, professional liability, and environmental liability exposures. In addition, Selective provides personal lines insurance, including homeowners and auto policies, through select agency partners in targeted markets.

Selective’s product portfolio is organized into three main segments: commercial property and casualty, personal lines, and reinsurance solutions.