Investors Title (NASDAQ:ITIC) announced a quarterly dividend on Thursday, May 17th, RTT News reports. Investors of record on Friday, June 15th will be paid a dividend of 0.40 per share by the insurance provider on Friday, June 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.84%.
Shares of Investors Title opened at $190.47 on Friday, MarketBeat reports. Investors Title has a 52-week low of $190.00 and a 52-week high of $190.00. The company has a market capitalization of $358.42 million, a price-to-earnings ratio of 17.96 and a beta of 0.66.
Separately, BidaskClub raised shares of Investors Title from a “sell” rating to a “hold” rating in a research note on Tuesday, April 24th.
Investors Title Company Profile
Investors Title Company, through its subsidiaries, provides title insurance for residential, institutional, commercial, and industrial properties. The company underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies.
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