Arch Capital Group Ltd. (NASDAQ:ACGLN) Declares $0.28 Quarterly Dividend

by · The Cerbat Gem

Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Free Report) declared a quarterly dividend on Wednesday, May 6th. Investors of record on Tuesday, September 15th will be given a dividend of 0.2844 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Tuesday, September 15th.

Arch Capital Group Stock Down 0.3%

NASDAQ ACGLN opened at $15.61 on Friday. The stock has a 50-day moving average of $16.13 and a two-hundred day moving average of $16.55. Arch Capital Group has a 1-year low of $15.43 and a 1-year high of $18.31.

Arch Capital Group Company Profile

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Arch Capital Group Ltd is a Bermuda-based financial services company that provides insurance, reinsurance and mortgage insurance products through its subsidiaries. The company underwrites a broad array of property and casualty insurance, specialty insurance, and reinsurance business, designing customized solutions for clients across commercial, personal and specialty markets. Arch’s offerings include commercial casualty and property, directors and officers liability, professional liability, surety, and mortgage insurance products.

In its reinsurance segment, Arch writes treaty and facultative business lines, encompassing property catastrophe, casualty and specialty risks.

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