Investors Title Company (NASDAQ:ITIC) Plans Quarterly Dividend of $0.46

Investors Title Company (NASDAQ:ITIC) announced a quarterly dividend on Monday, August 10th. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.46 per share by the insurance provider on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, September 1st.

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

Investors Title Trading Down 1.4%

Investors Title stock opened at $285.83 on Tuesday. The stock has a 50 day moving average of $271.74 and a two-hundred day moving average of $249.64. Investors Title has a twelve month low of $209.75 and a twelve month high of $297.31. The stock has a market capitalization of $540.22 million, a price-to-earnings ratio of 13.39 and a beta of 0.63.

Investors Title (NASDAQ:ITIC) last released its earnings results on Thursday, August 6th. The insurance provider reported $7.73 earnings per share (EPS) for the quarter. Investors Title had a return on equity of 14.81% and a net margin of 13.80%.The business had revenue of $81.71 million for the quarter.

Investors Title Company Profile

Investors Title Company engages in the issuance of residential and commercial title insurance for residential, institutional, commercial, and industrial properties. The company underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies. It offers services in connection with tax-deferred exchanges of like-kind property; acts as a qualified intermediary in tax-deferred exchanges of property; coordinates the exchange aspects of the real estate transaction, such as drafting standard exchange documents, holding the exchange funds between the sale of the old property and the purchase of the new property, and accepting the formal identification of the replacement property.