Investors Title Company (NASDAQ:ITIC) Announces Special Dividend of $19.27

Investors Title Company (NASDAQ:ITIC) declared a special dividend on Monday, November 9th. Investors of record on Tuesday, December 1st will be paid a dividend of $19.27 per share by the insurance provider on Tuesday, December 15th. The ex-dividend date of this dividend is Tuesday, December 1st.

Investors Title has decreased its dividend payment by an average of 0.1% annually over the last three years.

Investors Title Stock Performance

ITIC stock opened at $259.84 on Tuesday. Investors Title has a 1 year low of $209.75 and a 1 year high of $309.55. The stock’s 50 day moving average price is $286.80 and its 200 day moving average price is $261.83. The firm has a market cap of $491.10 million, a P/E ratio of 13.08 and a beta of 0.60.

Investors Title (NASDAQ:ITIC) last released its quarterly earnings results on Thursday, November 5th. The insurance provider reported $4.97 earnings per share for the quarter. Investors Title had a return on equity of 14.62% and a net margin of 13.80%. The company had revenue of $83.55 million during the quarter.

Investors Title Company Profile

Investors Title Company (NASDAQ: ITIC) is an insurance and real estate services company headquartered in Chapel Hill, North Carolina. Founded in 1972, the company provides title insurance and related services that help protect property owners and lenders against losses arising from defects, claims, or other issues affecting real estate ownership.

Through its title insurance subsidiaries, including Investors Title Insurance Company and National Investors Title Insurance Company, the company offers lender’s and owner’s title insurance policies.