Insurance Australia Group Limited (OTCMKTS:IAUGY) Raises Dividend to $0.38 Per Share

Insurance Australia Group Limited (OTCMKTS:IAUGY) declared a dividend on Friday, February 14th, NASDAQ Dividends reports. Stockholders of record on Monday, February 24th will be paid a dividend of 0.3772 per share on Friday, March 21st. The ex-dividend date of this dividend is Monday, February 24th. This is a positive change from Insurance Australia Group’s previous dividend of $0.29.

Insurance Australia Group Stock Performance

Shares of IAUGY stock traded down $0.20 during mid-day trading on Friday, reaching $23.90. The company’s stock had a trading volume of 813 shares, compared to its average volume of 509. The company’s 50 day simple moving average is $26.14 and its 200-day simple moving average is $25.30. Insurance Australia Group has a 12-month low of $19.17 and a 12-month high of $29.39.

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.