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.

TRADEMARK VIOLATION WARNING: This article was originally reported by Transcript Daily and is the property of of Transcript Daily. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international trademark and copyright laws. The correct version of this article can be accessed at https://transcriptdaily.com/2018/01/30/donegal-group-inc-dgicb-declares-0-12-quarterly-dividend.html.

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)

Receive News & Ratings for Donegal Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donegal Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply