Insurance Australia Group Limited (ASX:IAG) Increases Dividend to $0.12 Per Share

Insurance Australia Group Limited (ASX:IAG) declared a interim dividend on Friday, February 14th,MarketIndexAU Dividends reports. Shareholders of record on Thursday, March 6th will be paid a dividend of 0.12 per share on Thursday, March 6th. This represents a yield of 1.54%. The ex-dividend date is Monday, February 17th. This is a positive change from Insurance Australia Group’s previous interim dividend of $0.10.

Insurance Australia Group Stock Performance

The company has a current ratio of 1.75, a quick ratio of 0.30 and a debt-to-equity ratio of 44.10. The firm has a market cap of $18.45 billion, a price-to-earnings ratio of 21.23, a price-to-earnings-growth ratio of 0.34 and a beta of 0.16.

About Insurance Australia Group

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, personal liability, business, and rural and horticultural, as well as reinsurance.