Arch Capital Group Ltd. (ACGLO) to Issue Quarterly Dividend of $0.34 on March 31st

Arch Capital Group Ltd. (NASDAQ:ACGLO) announced a quarterly dividend on Wednesday, February 26th, Wall Street Journal reports. Stockholders of record on Saturday, March 15th will be given a dividend of 0.3406 per share on Monday, March 31st. This represents a $1.36 annualized dividend and a dividend yield of 6.43%. The ex-dividend date is Friday, March 14th.

Arch Capital Group Stock Performance

Shares of Arch Capital Group stock traded down $0.05 on Wednesday, reaching $21.18. 3,115 shares of the stock were exchanged, compared to its average volume of 20,371. The firm’s 50 day moving average is $21.67 and its 200-day moving average is $22.57. Arch Capital Group has a one year low of $20.78 and a one year high of $24.48.

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.