International General Insurance (IGIC) to Release Quarterly Earnings on Tuesday

International General Insurance (NASDAQ:IGIC) will release its earnings data after the market closes on Tuesday, August 6th. Persons interested in listening to the company’s earnings conference call can do so using this link.

International General Insurance (NASDAQ:IGIC) last posted its earnings results on Tuesday, May 7th. The company reported $0.89 earnings per share for the quarter. International General Insurance had a net margin of 25.26% and a return on equity of 28.24%. The business had revenue of $130.10 million for the quarter.

International General Insurance Stock Down 4.7 %

NASDAQ:IGIC opened at $16.32 on Monday. The firm has a 50-day moving average price of $14.94 and a 200 day moving average price of $13.94. The firm has a market capitalization of $751.93 million, a PE ratio of 6.04 and a beta of 0.22. International General Insurance has a 12-month low of $9.33 and a 12-month high of $17.97.

International General Insurance Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 20th. Investors of record on Monday, June 3rd were paid a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.61%. The ex-dividend date was Monday, June 3rd. International General Insurance’s dividend payout ratio is 3.70%.

About International General Insurance

International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It is involved in underwriting a portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, motor, marine liability, contingency, marine, treaty, and casualty insurance and reinsurance.