Beazley plc (BEZ) To Go Ex-Dividend on March 20th

Beazley plc (LON:BEZ) declared a dividend on Tuesday, March 4th, DividendData.Co.Uk reports. Investors of record on Thursday, March 20th will be paid a dividend of GBX 25 ($0.32) per share on Friday, May 2nd. This represents a yield of 2.77%. The ex-dividend date of this dividend is Thursday, March 20th. This is a 76.1% increase from Beazley’s previous dividend of $14.20. The official announcement can be seen at this link.

Beazley Stock Up 0.3 %

LON:BEZ traded up GBX 3 ($0.04) on Tuesday, reaching GBX 901.50 ($11.71). The company’s stock had a trading volume of 184,884,047 shares, compared to its average volume of 8,784,146. Beazley has a 12-month low of GBX 611 ($7.94) and a 12-month high of GBX 925 ($12.01). The firm has a market cap of £6.93 billion, a price-to-earnings ratio of 5.64, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68. The stock has a 50 day moving average price of GBX 844.19 and a 200 day moving average price of GBX 803.28.

Beazley (LON:BEZ) last posted its earnings results on Tuesday, March 4th. The company reported GBX 137 ($1.78) EPS for the quarter. Beazley had a return on equity of 32.60% and a net margin of 22.82%. Equities research analysts expect that Beazley will post 101.6172507 EPS for the current fiscal year.

Insider Buying and Selling at Beazley

In related news, insider Adrian Cox sold 27,772 shares of the business’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of GBX 902 ($11.72), for a total value of £250,503.44 ($325,371.40). Company insiders own 2.31% of the company’s stock.

Beazley announced that its board has approved a share buyback plan on Tuesday, March 4th that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

About Beazley

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks.