QBE Insurance Group (OTCMKTS:QBIEY) Shares Down 0.5% – Here’s What Happened

QBE Insurance Group Limited (OTCMKTS:QBIEY) shares fell 0.5% during mid-day trading on Wednesday . The company traded as low as $11.20 and last traded at $11.25. 22,083 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 35,148 shares. The stock had previously closed at $11.31.

QBE Insurance Group Stock Down 0.5 %

The company has a 50-day simple moving average of $11.05 and a 200 day simple moving average of $11.43.

QBE Insurance Group Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 27th. Investors of record on Monday, August 19th were given a dividend of $0.1475 per share. The ex-dividend date was Monday, August 19th. This is a positive change from QBE Insurance Group’s previous dividend of $0.03. QBE Insurance Group’s payout ratio is -95.86%.

QBE Insurance Group Company Profile

QBE Insurance Group Limited engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally. It offers range of commercial, personal, and specialty products, such as commercial and domestic property, agriculture, public/product liability, motor and motor casualty, professional indemnity, workers' compensation, accident, health, financial and credit, and other insurance products, as well as marine, energy and aviation insurance products, and risk management solutions.