Enstar Group (NASDAQ:ESGRP) Trading 0.4% Higher After Dividend Announcement

Enstar Group Limited (NASDAQ:ESGRPGet Free Report)’s share price traded up 0.4% during trading on Wednesday after the company announced a dividend. The company traded as high as $20.62 and last traded at $20.34. 23,580 shares were traded during trading, a decline of 22% from the average session volume of 30,051 shares. The stock had previously closed at $20.26.

The newly announced dividend which will be paid on Monday, March 3rd. Stockholders of record on Saturday, February 15th will be given a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 8.65%. The ex-dividend date is Friday, February 14th.

Enstar Group Stock Down 0.3 %

The company has a 50 day moving average price of $20.40 and a 200-day moving average price of $20.53.

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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