Arch Capital Group Ltd. to Issue Quarterly Dividend of $0.34 (NASDAQ:ACGLO)

Arch Capital Group Ltd. (NASDAQ:ACGLO) announced a quarterly dividend on Friday, May 17th, Wall Street Journal reports. Investors of record on Sunday, September 15th will be paid a dividend of 0.3406 per share on Monday, September 30th. This represents a $1.36 dividend on an annualized basis and a yield of 5.75%. The ex-dividend date of this dividend is Friday, September 13th.

Arch Capital Group Price Performance

Shares of ACGLO stock opened at $23.70 on Thursday. The business’s 50-day moving average price is $23.03 and its 200-day moving average price is $23.00. Arch Capital Group has a 12 month low of $19.20 and a 12 month high of $24.50.

Arch Capital Group Company Profile

Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.