Arch Capital Group Ltd. (NASDAQ:ACGLN) Plans Quarterly Dividend of $0.28

Arch Capital Group Ltd. (NASDAQ:ACGLN) announced a quarterly dividend on Wednesday, February 26th, Wall Street Journal reports. Investors of record on Saturday, March 15th will be paid a dividend of 0.2844 per share on Monday, March 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 6.33%. The ex-dividend date of this dividend is Friday, March 14th. This is a 0.0% increase from Arch Capital Group’s previous quarterly dividend of $0.28.

Arch Capital Group Stock Down 0.3 %

ACGLN stock traded down $0.06 during midday trading on Wednesday, hitting $17.97. The company’s stock had a trading volume of 6,012 shares, compared to its average volume of 34,223. The stock’s 50-day moving average price is $18.54 and its 200 day moving average price is $19.46. Arch Capital Group has a 1 year low of $17.35 and a 1 year high of $21.21.

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.