Enstar Group Limited (NASDAQ:ESGRO) to Issue Quarterly Dividend of $0.44

Enstar Group Limited (NASDAQ:ESGRO) declared a quarterly dividend on Thursday, November 7th,Wall Street Journal reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.4375 per share on Sunday, December 1st. This represents a $1.75 dividend on an annualized basis and a dividend yield of 8.30%. The ex-dividend date of this dividend is Friday, November 15th.

Enstar Group Stock Up 0.4 %

Shares of ESGRO traded up $0.08 during trading hours on Thursday, reaching $21.08. 33,732 shares of the company traded hands, compared to its average volume of 17,168. The stock’s fifty day moving average is $20.49 and its 200 day moving average is $22.54. Enstar Group has a 1-year low of $18.59 and a 1-year high of $25.47.

About Enstar Group

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.