Selective Insurance Group, Inc. to Issue Quarterly Dividend of $0.29 (NASDAQ:SIGIP)

Selective Insurance Group, Inc. (NASDAQ:SIGIP) declared a quarterly dividend on Thursday, January 30th,Wall Street Journal reports. Shareholders of record on Friday, February 28th will be given a dividend of 0.2875 per share on Monday, March 17th. This represents a $1.15 annualized dividend and a yield of 6.41%. The ex-dividend date is Friday, February 28th.

Selective Insurance Group Stock Performance

Shares of Selective Insurance Group stock traded down $0.07 during midday trading on Thursday, reaching $17.93. The company had a trading volume of 17,532 shares, compared to its average volume of 8,331. The stock has a fifty day simple moving average of $18.19 and a 200 day simple moving average of $18.84. Selective Insurance Group has a 1-year low of $17.10 and a 1-year high of $20.30.

Selective Insurance Group Company Profile

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.