Donegal Group Inc. (NASDAQ:DGICA) declared a quarterly dividend on Thursday, October 17th, Zacks reports. Investors of record on Friday, November 1st will be given a dividend of 0.145 per share by the insurance provider on Friday, November 15th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date is Thursday, October 31st.
Shares of Donegal Group stock traded up $0.15 during trading on Tuesday, reaching $14.34. The company’s stock had a trading volume of 8,900 shares, compared to its average volume of 12,959. The stock has a 50-day moving average price of $14.40 and a two-hundred day moving average price of $14.36. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.09. Donegal Group has a one year low of $12.42 and a one year high of $15.43. The stock has a market capitalization of $405.44 million, a P/E ratio of -14.34 and a beta of 0.28.
Donegal Group (NASDAQ:DGICA) last released its quarterly earnings results on Monday, July 29th. The insurance provider reported $0.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.08. Donegal Group had a return on equity of 0.39% and a net margin of 1.75%. The business had revenue of $197.22 million during the quarter, compared to analysts’ expectations of $196.30 million. As a group, sell-side analysts anticipate that Donegal Group will post 0.8 EPS for the current fiscal year.
Donegal Group Company Profile
Donegal Group Inc, an insurance holding company, provides personal and commercial lines of property and casualty insurance to businesses and individuals in the Mid-Atlantic, Midwestern, New England, and southern states. It operates through four segments: Investment Function, Personal Lines of Insurance, Commercial Lines of Insurance, and Investment in DFSC.
Further Reading: Diluted Earnings Per Share
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