Enstar Group Limited (NASDAQ:ESGRP) Plans Quarterly Dividend of $0.44

Enstar Group Limited (NASDAQ:ESGRP) announced a quarterly dividend on Tuesday, November 5th,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 annualized dividend and a dividend yield of 8.11%. The ex-dividend date is Friday, November 15th.

Enstar Group Stock Performance

ESGRP stock traded down $0.14 during midday trading on Thursday, hitting $21.59. The company had a trading volume of 31,190 shares, compared to its average volume of 61,100. The stock’s 50 day moving average price is $20.17 and its 200 day moving average price is $22.74. Enstar Group has a 52 week low of $19.01 and a 52 week high of $26.12.

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.