Selective Insurance Group (NASDAQ:SIGIP) Stock Price Down 1.8% – Here’s What Happened

Selective Insurance Group, Inc. (NASDAQ:SIGIP) shares fell 1.8% during mid-day trading on Monday . The stock traded as low as $17.77 and last traded at $17.77. 6,072 shares changed hands during trading, a decline of 9% from the average session volume of 6,660 shares. The stock had previously closed at $18.09.

Selective Insurance Group Stock Performance

The stock’s 50-day moving average is $19.22 and its 200-day moving average is $18.96.

Selective Insurance Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were issued a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 6.47%. The ex-dividend date was Monday, December 2nd.

About Selective Insurance Group

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.