Arch Capital Group Ltd. (NASDAQ:ACGLO – Get Rating) declared a quarterly dividend on Tuesday, February 28th, Wall Street Journal reports. Investors of record on Wednesday, March 15th will be paid 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 6.29%. The ex-dividend date of this dividend is Tuesday, March 14th.
Arch Capital Group Trading Down 2.1 %
Shares of NASDAQ:ACGLO opened at $21.65 on Friday. Arch Capital Group has a 1-year low of $19.90 and a 1-year high of $25.23. The stock's 50 day moving average price is $22.92.
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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.
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