Investors Title (ITIC) To Go Ex-Dividend on March 24th

Investors Title (NASDAQ:ITIC) declared a quarterly dividend on Monday, March 10th, Wall Street Journal reports. Investors of record on Monday, March 24th will be paid a dividend of 0.46 per share by the insurance provider on Monday, March 31st. This represents a $1.84 annualized dividend and a yield of 0.78%. The ex-dividend date is Monday, March 24th.

Investors Title has increased its dividend by an average of 0.4% per year over the last three years.

Investors Title Stock Up 1.9 %

Shares of NASDAQ:ITIC traded up $4.36 during midday trading on Wednesday, hitting $235.74. 13,416 shares of the stock traded hands, compared to its average volume of 11,302. The business’s 50 day moving average is $228.79 and its two-hundred day moving average is $238.60. Investors Title has a one year low of $146.41 and a one year high of $290.40. The stock has a market capitalization of $444.13 million, a PE ratio of 14.35 and a beta of 0.97.

Investors Title (NASDAQ:ITIC) last announced its quarterly earnings data on Thursday, February 13th. The insurance provider reported $4.41 EPS for the quarter. The company had revenue of $70.63 million for the quarter. Investors Title had a net margin of 12.03% and a return on equity of 11.84%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Investors Title from a “hold” rating to a “buy” rating in a report on Thursday, March 6th.

Investors Title Company Profile

Investors Title Company engages in the issuance of residential and commercial title insurance for residential, institutional, commercial, and industrial properties. The company underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies.