Enstar Group (NASDAQ:ESGRO) Trading Down 0.7% – Should You Sell?

Shares of Enstar Group Limited (NASDAQ:ESGROGet Free Report) dropped 0.7% on Wednesday . The stock traded as low as $20.49 and last traded at $20.58. Approximately 7,200 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 19,856 shares. The stock had previously closed at $20.72.

Enstar Group Stock Performance

The stock has a 50-day moving average price of $20.43 and a 200-day moving average price of $20.41.

Enstar Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Saturday, February 15th were given a $0.4375 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 8.50%.

Enstar Group Company Profile

(Get Free Report)

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.

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