Donegal Group Inc. (DGICB) Declares $0.12 Quarterly Dividend

Donegal Group Inc. (NASDAQ:DGICB) announced a quarterly dividend on Friday, December 22nd, Wall Street Journal reports. Stockholders of record on Thursday, February 1st will be paid a dividend of 0.1225 per share by the insurance provider on Thursday, February 15th. This represents a $0.49 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Wednesday, January 31st.

Shares of Donegal Group (DGICB) opened at $15.50 on Tuesday. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 0.16. Donegal Group has a fifty-two week low of $13.35 and a fifty-two week high of $17.94. The firm has a market capitalization of $425.17, a P/E ratio of 33.70 and a beta of 0.86.

Donegal Group (NASDAQ:DGICB) last issued its quarterly earnings results on Monday, October 30th. The insurance provider reported $0.25 earnings per share for the quarter. Donegal Group had a return on equity of 2.81% and a net margin of 2.13%.

Separately, TheStreet downgraded Donegal Group from a “b” rating to a “c+” rating in a report on Monday, January 8th.

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Donegal Group Company Profile

Donegal Group Inc (DGI) is an insurance holding company whose insurance subsidiaries offer personal and commercial lines of property and casualty insurance. The Company offered its insurance business to various businesses and individuals in 21 Mid-Atlantic, Midwestern, New England and Southern states, as of December 31, 2016.

Dividend History for Donegal Group (NASDAQ:DGICB)

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