Fundamental Global Inc. to Issue Quarterly Dividend of $0.50 (NASDAQ:FGFPP)

Fundamental Global Inc. (NASDAQ:FGFPP) declared a quarterly dividend on Monday, August 19th, Wall Street Journal reports. Shareholders of record on Sunday, September 1st will be given a dividend of 0.50 per share on Sunday, September 15th. This represents a $2.00 dividend on an annualized basis and a yield of 13.71%. The ex-dividend date is Friday, August 30th.

Fundamental Global Stock Down 0.4 %

NASDAQ:FGFPP traded down $0.06 on Thursday, reaching $14.59. The company’s stock had a trading volume of 597 shares, compared to its average volume of 1,949. Fundamental Global has a 1-year low of $12.00 and a 1-year high of $19.19. The business’s 50-day moving average price is $14.89 and its two-hundred day moving average price is $16.73.

About Fundamental Global

Fundamental Global Inc engages in reinsurance, merchant banking, and asset management business. The company offers initial public offering services. It also offers specialty property and casualty reinsurance services. In addition, the company provides investment advisory services. Fundamental Global Inc was founded in 1932 and is based in Mooresville, North Carolina.