Fundamental Global Inc. (NASDAQ:FGFPP – Get Free Report) shares dropped 4.9% during trading on Monday . The company traded as low as $16.03 and last traded at $16.06. Approximately 4,800 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 8,900 shares. The stock had previously closed at $16.88.
Fundamental Global Stock Performance
The company has a 50-day moving average of $16.42 and a two-hundred day moving average of $15.40.
Fundamental Global Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Sunday, December 15th. Stockholders of record on Sunday, December 1st were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 12.27%. The ex-dividend date of this dividend was Friday, November 29th.
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.
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