Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Free Report) announced a quarterly dividend on Thursday, November 5th. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.2844 per share on Thursday, December 31st. This represents a $1.14 dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend is Tuesday, December 15th.
Arch Capital Group Stock Performance
Shares of NASDAQ:ACGLN opened at $15.15 on Friday. Arch Capital Group has a 52-week low of $14.71 and a 52-week high of $17.99. The business has a 50-day moving average price of $15.25 and a 200-day moving average price of $16.39.
About Arch Capital Group
Arch Capital Group Ltd. is a Bermuda-based insurance and reinsurance company founded in 1995. Through its operating businesses, the company provides specialty insurance, reinsurance and mortgage insurance to businesses, financial institutions and other customers.
Arch’s insurance offerings include property and casualty coverage, such as professional liability, casualty and property insurance. Its reinsurance business assumes risks from other insurers across a range of lines, while its mortgage insurance business provides coverage that helps protect mortgage lenders against borrower defaults.
The company serves customers and insurance partners in the United States and internationally, including through operations in Bermuda and Europe.
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