Arch Capital Group Ltd. (NASDAQ:ACGLO) to Issue $0.34 Quarterly Dividend

Arch Capital Group Ltd. (NASDAQ:ACGLO) announced a quarterly dividend on Wednesday, February 26th, Wall Street Journal reports. Stockholders of record on Saturday, March 15th will be given a dividend of 0.3406 per share on Monday, March 31st. This represents a $1.36 annualized dividend and a dividend yield of 6.45%. The ex-dividend date of this dividend is Friday, March 14th.

Arch Capital Group Trading Down 0.4 %

Shares of ACGLO traded down $0.10 during trading hours on Wednesday, hitting $21.13. 1,733 shares of the stock traded hands, compared to its average volume of 20,369. The business has a fifty day moving average of $21.67 and a 200-day moving average of $22.57. Arch Capital Group has a 1-year low of $20.78 and a 1-year high of $24.48.

About Arch Capital Group

Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.