Arch Capital Group Ltd. (NASDAQ:ACGLN – Get Free Report) announced a quarterly dividend on Wednesday, May 6th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.2844 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend is Tuesday, September 15th.
Arch Capital Group Trading Down 0.3%
ACGLN stock opened at $15.61 on Friday. Arch Capital Group has a 1 year low of $15.43 and a 1 year high of $18.31. The stock’s fifty day moving average is $16.13 and its two-hundred day moving average is $16.55.
Institutional Trading of Arch Capital Group
An institutional investor recently raised its position in Arch Capital Group stock. GAMMA Investing LLC grew its position in Arch Capital Group Ltd. (NASDAQ:ACGLN – Free Report) by 12,890.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,897 shares of the company’s stock after purchasing an additional 3,867 shares during the period. GAMMA Investing LLC’s holdings in Arch Capital Group were worth $64,000 as of its most recent SEC filing.
About Arch Capital Group
Arch Capital Group Ltd is a Bermuda-based financial services company that provides insurance, reinsurance and mortgage insurance products through its subsidiaries. The company underwrites a broad array of property and casualty insurance, specialty insurance, and reinsurance business, designing customized solutions for clients across commercial, personal and specialty markets. Arch’s offerings include commercial casualty and property, directors and officers liability, professional liability, surety, and mortgage insurance products.
In its reinsurance segment, Arch writes treaty and facultative business lines, encompassing property catastrophe, casualty and specialty risks.
See Also
- Five stocks we like better than Arch Capital Group
- As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits
- Nasdaq’s $100 Million Kraken Bet Prepares It for a Market That Never Closes
- Copper’s Record Rally Highlights a Deeper Supply Problem
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
Receive News & Ratings for Arch Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arch Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.
