Enstar Group Limited (NASDAQ:ESGRO) Announces Quarterly Dividend of $0.44

Enstar Group Limited (NASDAQ:ESGRO) announced a quarterly dividend on Wednesday, August 7th, Wall Street Journal reports. Shareholders of record on Thursday, August 15th will be paid a dividend of 0.4375 per share on Sunday, September 1st. This represents a $1.75 annualized dividend and a yield of 8.45%. The ex-dividend date of this dividend is Thursday, August 15th.

Enstar Group Stock Up 1.5 %

NASDAQ ESGRO traded up $0.31 during midday trading on Wednesday, hitting $20.71. 64,258 shares of the company traded hands, compared to its average volume of 14,905. The company’s 50-day simple moving average is $24.08 and its 200-day simple moving average is $24.47. Enstar Group has a 52 week low of $18.59 and a 52 week high of $25.47.

About Enstar Group

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.