Selective Insurance Group (NASDAQ:SIGIP) Trading Down 1.8% – Should You Sell?

Shares of Selective Insurance Group, Inc. (NASDAQ:SIGIP) traded down 1.8% during trading on Monday . The company traded as low as $17.77 and last traded at $17.77. 6,072 shares traded hands during trading, a decline of 9% from the average session volume of 6,660 shares. The stock had previously closed at $18.09.

Selective Insurance Group Price Performance

The company’s fifty day simple moving average is $19.13 and its 200 day simple moving average is $18.95.

Selective Insurance Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were issued a $0.2875 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $1.15 annualized dividend and a yield of 6.57%.

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.