Hiscox (OTCMKTS:HCXLF) Stock Price Up 16.5% – Here’s Why

Shares of Hiscox Ltd (OTCMKTS:HCXLFGet Free Report) were up 16.5% during trading on Friday . The company traded as high as $15.20 and last traded at $15.20. Approximately 800 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 1,180 shares. The stock had previously closed at $13.05.

Hiscox Stock Performance

The stock’s 50-day moving average price is $14.79 and its 200 day moving average price is $14.08.

Hiscox Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, June 9th. Stockholders of record on Friday, April 25th will be given a dividend of $0.299 per share. The ex-dividend date of this dividend is Thursday, April 24th. Hiscox’s payout ratio is 12.25%.

Hiscox Company Profile

(Get Free Report)

Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It offers commercial insurance for small-and medium-sized businesses; and personal lines cover, including high-value household, fine art, and luxury motor, as well as artwork, antiques, classic cars, jewelry, collectables, and other assets through brokers, partners, and direct-to-consumers.

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