Fundamental Global Inc. (NASDAQ:FGFPP) Plans $0.50 Quarterly Dividend

Fundamental Global Inc. (NASDAQ:FGFPP) declared a quarterly dividend on Friday, November 29th,Wall Street Journal reports. Investors of record on Sunday, December 1st will be paid a dividend of 0.50 per share on Sunday, December 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 11.11%. The ex-dividend date is Friday, November 29th.

Fundamental Global Price Performance

Shares of Fundamental Global stock traded down $0.29 during midday trading on Friday, reaching $18.00. 673 shares of the company’s stock traded hands, compared to its average volume of 2,391. The stock has a 50 day moving average of $15.22 and a 200-day moving average of $15.42. Fundamental Global has a 12 month low of $12.50 and a 12 month high of $19.84.

About Fundamental Global

Fundamental Global Inc engages in reinsurance, merchant banking, and asset management business. The company offers initial public offering services. It also offers specialty property and casualty reinsurance services. In addition, the company provides investment advisory services. Fundamental Global Inc was founded in 1932 and is based in Mooresville, North Carolina.