Fundamental Global Inc. (NASDAQ:FGFPP) Plans $0.50 Quarterly Dividend

Fundamental Global Inc. (NASDAQ:FGFPP) declared a quarterly dividend on Tuesday, February 18th,Wall Street Journal reports. Investors of record on Monday, March 3rd will be paid a dividend of 0.50 per share on Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a yield of 12.20%. The ex-dividend date of this dividend is Monday, March 3rd.

Fundamental Global Stock Performance

Fundamental Global stock opened at $16.39 on Wednesday. The stock’s 50-day moving average is $16.44 and its 200-day moving average is $15.67. Fundamental Global has a 12 month low of $12.50 and a 12 month high of $19.84.

Fundamental Global Company Profile

Fundamental Global Inc engages in reinsurance, merchant banking, and asset management business. The company offers initial public offering services. It also offers specialty property and casualty reinsurance services. In addition, the company provides investment advisory services. Fundamental Global Inc was founded in 1932 and is based in Mooresville, North Carolina.