Arch Capital Group Ltd. (NASDAQ:ACGLO – Get Free Report) announced a quarterly dividend on Thursday, November 5th. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.3406 per share on Thursday, December 31st. This represents a $1.36 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend is Tuesday, December 15th.
Arch Capital Group Price Performance
ACGLO remained flat at $18.00 during midday trading on Friday. The company’s stock had a trading volume of 7,088 shares, compared to its average volume of 30,503. The company’s 50-day moving average price is $18.43 and its 200-day moving average price is $19.60. Arch Capital Group has a fifty-two week low of $17.76 and a fifty-two week high of $21.40.
About Arch Capital Group
Arch Capital Group Ltd. is a Bermuda-based insurance and reinsurance company. Through its insurance, reinsurance and mortgage operations, it provides coverage and risk-management solutions to businesses, financial institutions and other organizations.
The company’s offerings include property and casualty insurance and reinsurance, specialty lines, and mortgage insurance and reinsurance. Its products address risks such as property damage, liability and mortgage defaults, with coverage tailored to different industries and markets.
Founded in 2001, Arch Capital serves customers through operations in Bermuda, the United States, Europe and other international markets.
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