Arch Capital Group (NASDAQ:ACGLO) Shares Up 1.2% – Here’s What Happened

Arch Capital Group Ltd. (NASDAQ:ACGLO) shot up 1.2% during mid-day trading on Thursday . The stock traded as high as $21.70 and last traded at $21.58. 29,515 shares changed hands during mid-day trading, an increase of 1% from the average session volume of 29,351 shares. The stock had previously closed at $21.33.

Arch Capital Group Stock Up 0.4 %

The company’s fifty day moving average price is $22.11 and its 200 day moving average price is $22.86.

Arch Capital Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Sunday, December 15th were paid a $0.3406 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.36 annualized dividend and a yield of 6.29%.

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.