Arch Capital Group Ltd. (NASDAQ:ACGLN) to Issue Dividend Increase – $0.28 Per Share

Arch Capital Group Ltd. (NASDAQ:ACGLN) announced a quarterly dividend on Wednesday, February 26th, Wall Street Journal reports. Investors of record on Saturday, March 15th will be paid a dividend of 0.2844 per share on Monday, March 31st. This represents a $1.14 dividend on an annualized basis and a yield of 6.33%. The ex-dividend date of this dividend is Friday, March 14th. This is a 0.0% increase from Arch Capital Group’s previous quarterly dividend of $0.28.

Arch Capital Group Price Performance

Shares of Arch Capital Group stock traded down $0.06 during mid-day trading on Wednesday, hitting $17.98. 5,846 shares of the stock were exchanged, compared to its average volume of 34,222. Arch Capital Group has a twelve month low of $17.35 and a twelve month high of $21.21. The company has a 50-day simple moving average of $18.54 and a 200 day simple moving average of $19.46.

Arch Capital Group Company Profile

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.