Global Indemnity Ltd (GBLI) To Go Ex-Dividend on September 25th

Global Indemnity Ltd (NASDAQ:GBLI) declared a quarterly dividend on Monday, September 16th, Zacks reports. Shareholders of record on Thursday, September 26th will be paid a dividend of 0.25 per share by the insurance provider on Wednesday, October 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date of this dividend is Wednesday, September 25th.

Shares of GBLI opened at $26.01 on Monday. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.42. Global Indemnity has a twelve month low of $24.62 and a twelve month high of $41.77. The firm’s 50 day moving average price is $26.76 and its two-hundred day moving average price is $29.59.

Global Indemnity (NASDAQ:GBLI) last announced its quarterly earnings results on Wednesday, August 7th. The insurance provider reported $1.02 earnings per share for the quarter. Global Indemnity had a negative net margin of 6.57% and a negative return on equity of 2.95%. The firm had revenue of $146.14 million for the quarter.

A number of brokerages have weighed in on GBLI. ValuEngine raised shares of Global Indemnity from a “hold” rating to a “buy” rating in a research note on Wednesday, September 4th. BidaskClub lowered shares of Global Indemnity from a “hold” rating to a “sell” rating in a research note on Tuesday, August 27th.

Global Indemnity Company Profile

Global Indemnity Limited, through its subsidiaries, provides insurance and reinsurance products and services in the United States and internationally. The company operates through three segments: Commercial Lines, Personal Lines, and Reinsurance Operations. The Commercial Lines segment distributes property, general liability, casualty, and professional lines products, as well as products for vacant, and under construction and renovation dwellings.

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Dividend History for Global Indemnity (NASDAQ:GBLI)

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