Arch Capital Group Ltd. (NASDAQ:ACGLO – Get Rating) announced a quarterly dividend on Tuesday, February 28th, Wall Street Journal reports. Stockholders of record on Wednesday, March 15th will be given a dividend of 0.3406 per share on Friday, March 31st. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date is Tuesday, March 14th.
Arch Capital Group Stock Down 0.9 %
Arch Capital Group stock traded down $0.20 during trading hours on Tuesday, reaching $22.72. The stock had a trading volume of 27,144 shares, compared to its average volume of 18,427. The company's fifty day simple moving average is $22.62. Arch Capital Group has a 52 week low of $19.90 and a 52 week high of $25.23.
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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; collateral protection, debt cancellation, and service contract reimbursement products; 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.
Further Reading
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