Arch Capital Group Ltd. (NASDAQ:ACGLO – Get Free Report) declared a quarterly dividend on Wednesday, May 6th. Investors of record on Monday, June 15th will be given a dividend of 0.3406 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Monday, June 15th.
Arch Capital Group Trading Down 0.5%
ACGLO traded down $0.10 on Friday, reaching $19.33. The company had a trading volume of 23,574 shares, compared to its average volume of 24,115. Arch Capital Group has a 52-week low of $19.28 and a 52-week high of $22.20. The business has a 50 day simple moving average of $20.04 and a 200 day simple moving average of $20.46.
About Arch Capital Group
Arch Capital Group Ltd, through its operating subsidiaries, is a global provider of insurance, reinsurance, and mortgage insurance products. The company offers property and casualty insurance for commercial and personal lines, including solutions for professional liability, marine, and energy risks. In addition, Arch Capital is active in the mortgage insurance sector, providing primary mortgage guaranty and portfolio reinsurance for residential and commercial mortgages. It also participates in specialty programs, such as political violence, aviation, and cyber coverage.
Founded in 2001 and headquartered in Pembroke, Bermuda, Arch Capital Group has established a presence across North America, Europe, and the Asia-Pacific region.
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