Arch Capital Group Ltd. (NASDAQ:ACGLN) Plans Quarterly Dividend of $0.28

Arch Capital Group Ltd. (NASDAQ:ACGLN) announced a quarterly dividend on Monday, May 12th, Wall Street Journal reports. Stockholders of record on Sunday, June 15th will be given a dividend of 0.2844 per share on Monday, June 30th. This represents a $1.14 annualized dividend and a dividend yield of 6.66%. The ex-dividend date of this dividend is Friday, June 13th.

Arch Capital Group Stock Performance

NASDAQ:ACGLN opened at $17.08 on Wednesday. The firm’s 50-day moving average is $17.33 and its 200-day moving average is $18.44. Arch Capital Group has a 52-week low of $16.44 and a 52-week high of $20.99.

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.