Enstar Group (NASDAQ:ESGRO) Trading 0.7% Higher

Shares of Enstar Group Limited (NASDAQ:ESGRO – Get Rating) shot up 0.7% during mid-day trading on Tuesday . The stock traded as high as $24.26 and last traded at $24.26. 33,806 shares changed hands during trading, an increase of 285% from the average session volume of 8,792 shares. The stock had previously closed at $24.10.

Enstar Group Trading Up 0.7 %

The firm’s fifty day moving average is $23.53 and its 200-day moving average is $23.68.

Enstar Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 1st. Stockholders of record on Wednesday, February 15th will be given a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a dividend yield of 7.21%. The ex-dividend date is Tuesday, February 14th.

About Enstar Group

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Enstar Group Limited acquires and manages insurance and reinsurance companies, and portfolios of insurance and reinsurance business in run-off. It engages in the run-off property and casualty, and other non-life lines insurance businesses. 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.