Arch Capital Group (ACGLN) to Release Earnings on Tuesday

Arch Capital Group (NASDAQ:ACGLN) is anticipated to post its resultson Tuesday, July 28th. Analysts expect Arch Capital Group to post earnings of $2.46 per share and revenue of $4.3591 billion for the quarter.

Arch Capital Group Stock Up 0.1%

Arch Capital Group stock opened at $16.46 on Tuesday. Arch Capital Group has a one year low of $15.65 and a one year high of $18.34. The business’s fifty day moving average is $16.31 and its 200 day moving average is $16.92.

Arch Capital Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.2844 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.14 annualized dividend and a yield of 6.9%.

About Arch Capital Group

Arch Capital Group Ltd is a Bermuda-based financial services company that provides insurance, reinsurance and mortgage insurance products through its subsidiaries. The company underwrites a broad array of property and casualty insurance, specialty insurance, and reinsurance business, designing customized solutions for clients across commercial, personal and specialty markets. Arch’s offerings include commercial casualty and property, directors and officers liability, professional liability, surety, and mortgage insurance products.

In its reinsurance segment, Arch writes treaty and facultative business lines, encompassing property catastrophe, casualty and specialty risks.