Insurance Australia Group (OTCMKTS:IAUGY) Trading Up 0.5%

Insurance Australia Group Limited (OTCMKTS:IAUGY) shares shot up 0.5% on Thursday . The company traded as high as $20.16 and last traded at $20.16. 174 shares traded hands during trading, a decline of 87% from the average session volume of 1,330 shares. The stock had previously closed at $20.06.

Insurance Australia Group Trading Up 0.5 %

The firm’s fifty day moving average is $20.19 and its two-hundred day moving average is $19.26.

Insurance Australia Group Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 11th. Stockholders of record on Monday, February 26th were paid a $0.1958 dividend. The ex-dividend date was Friday, February 23rd. This is an increase from Insurance Australia Group’s previous dividend of $0.09. Insurance Australia Group’s payout ratio is presently 69.30%.

Insurance Australia Group Company Profile

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, personal liability, business, and rural and horticultural, as well as reinsurance.