Arch Capital Group Ltd. (NASDAQ:ACGLO) to Issue $0.34 Quarterly Dividend

Arch Capital Group Ltd. (NASDAQ:ACGLO) announced a quarterly dividend on Wednesday, February 26th, Wall Street Journal reports. Investors of record on Saturday, March 15th will be paid a dividend of 0.3406 per share on Monday, March 31st. This represents a $1.36 annualized dividend and a dividend yield of 6.43%. The ex-dividend date of this dividend is Friday, March 14th.

Arch Capital Group Price Performance

NASDAQ:ACGLO traded down $0.05 on Wednesday, hitting $21.18. The company had a trading volume of 3,115 shares, compared to its average volume of 20,371. Arch Capital Group has a 52 week low of $20.78 and a 52 week high of $24.48. The firm has a 50 day moving average of $21.67 and a two-hundred day moving average of $22.57.

About Arch Capital Group

Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.