Arch Capital Group Ltd. (NASDAQ:ACGLO) Shareholders to Get $0.34 Quarterly Dividend

Arch Capital Group Ltd. (NASDAQ:ACGLO) declared a quarterly dividend on Thursday, November 5th. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.3406 per share on Thursday, December 31st. This represents a $1.36 annualized dividend and a yield of 7.6%. The ex-dividend date is Tuesday, December 15th.

Arch Capital Group Price Performance

Shares of Arch Capital Group stock remained flat at $18.00 during trading hours on Friday. The company’s stock had a trading volume of 7,088 shares, compared to its average volume of 30,503. Arch Capital Group has a 1-year low of $17.76 and a 1-year high of $21.40. The business’s 50 day moving average is $18.43 and its 200 day moving average is $19.60.

Arch Capital Group Company Profile

Arch Capital Group Ltd. is a Bermuda-based insurance and reinsurance company. Through its insurance, reinsurance and mortgage operations, it provides coverage and risk-management solutions to businesses, financial institutions and other organizations.

The company’s offerings include property and casualty insurance and reinsurance, specialty lines, and mortgage insurance and reinsurance. Its products address risks such as property damage, liability and mortgage defaults, with coverage tailored to different industries and markets.

Founded in 2001, Arch Capital serves customers through operations in Bermuda, the United States, Europe and other international markets.