The Hartford Insurance Group, Inc. (HIG) To Go Ex-Dividend on March 2nd

The Hartford Insurance Group, Inc. (NYSE:HIG) declared a quarterly dividend on Wednesday, February 18th. Shareholders of record on Monday, March 2nd will be paid a dividend of 0.60 per share by the insurance provider on Thursday, April 2nd. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date is Monday, March 2nd.

The Hartford Insurance Group has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 12 years. The Hartford Insurance Group has a payout ratio of 18.5% meaning its dividend is sufficiently covered by earnings. Analysts expect The Hartford Insurance Group to earn $12.67 per share next year, which means the company should continue to be able to cover its $2.40 annual dividend with an expected future payout ratio of 18.9%.

The Hartford Insurance Group Trading Down 0.7%

NYSE:HIG opened at $140.31 on Friday. The Hartford Insurance Group has a 12 month low of $107.49 and a 12 month high of $144.50. The company has a current ratio of 0.31, a quick ratio of 0.32 and a debt-to-equity ratio of 0.23. The company has a 50-day moving average price of $136.75 and a 200-day moving average price of $132.87. The stock has a market cap of $39.10 billion, a price-to-earnings ratio of 10.52, a P/E/G ratio of 1.48 and a beta of 0.61.

The Hartford Insurance Group (NYSE:HIG) last released its quarterly earnings results on Thursday, January 29th. The insurance provider reported $4.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.22 by $0.84. The company had revenue of $7.34 billion during the quarter, compared to the consensus estimate of $7.29 billion. The Hartford Insurance Group had a net margin of 13.52% and a return on equity of 21.92%. The Hartford Insurance Group’s revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the firm earned $2.94 earnings per share. Equities analysts predict that The Hartford Insurance Group will post 11.11 EPS for the current year.

The Hartford Insurance Group Company Profile

The Hartford Financial Services Group, commonly known as The Hartford, is a U.S.-based insurance and investment company that provides a broad range of commercial and personal insurance products and employee benefits. Its core businesses include property and casualty insurance for businesses and individuals, group benefits such as group life, disability and dental plans, and retirement and investment solutions offered through affiliated asset-management operations. The company also delivers risk management, claims-handling and loss-prevention services designed to support policyholders across a variety of industries.

Founded in Hartford, Connecticut, in 1810, The Hartford is one of the oldest insurance organizations in the United States and has a long history of underwriting and product development across multiple insurance lines.