Selective Insurance Group (NASDAQ:SIGIP) Trading 0.1% Higher – Time to Buy?

Selective Insurance Group, Inc. (NASDAQ:SIGIPGet Free Report) shares traded up 0.1% during trading on Friday . The stock traded as high as $15.75 and last traded at $15.5550. Approximately 8,585 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 15,372 shares. The stock had previously closed at $15.54.

Selective Insurance Group Trading Up 0.1%

The stock has a 50-day moving average of $15.78 and a 200 day moving average of $16.20.

Selective Insurance Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.2875 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.15 dividend on an annualized basis and a yield of 7.4%.

Selective Insurance Group Company Profile

(Get Free Report)

Selective Insurance Group, Inc is a property and casualty insurance holding company that underwrites a range of specialty and standard insurance products through a nationwide network of independent agents. The company’s core business focuses on commercial lines for small to mid-sized businesses, offering coverage for general liability, commercial auto, property, professional liability, and environmental liability exposures. In addition, Selective provides personal lines insurance, including homeowners and auto policies, through select agency partners in targeted markets.

Selective’s product portfolio is organized into three main segments: commercial property and casualty, personal lines, and reinsurance solutions.

Further Reading

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