Shares of Enstar Group Limited (NASDAQ:ESGRO – Get 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
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.
Featured Articles
- Five stocks we like better than Enstar Group
- What is the S&P 500 and How It is Distinct from Other Indexes
- Energy Transfer: Powering Data With Dividends and Diversification
- Why is the Ex-Dividend Date Significant to Investors?
- Qualcomm Stock Is Coiling for a Breakout
- What is a Stock Market Index and How Do You Use Them?
- Is Alphabet Too Cheap to Ignore After Its Recent Correction?
Receive News & Ratings for Enstar Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enstar Group and related companies with MarketBeat.com's FREE daily email newsletter.