Conifer Holdings, Inc. (NASDAQ:CNFRZ – Get Free Report)’s share price was down 6.5% during trading on Wednesday . The company traded as low as $19.99 and last traded at $19.99. Approximately 122 shares were traded during trading, a decline of 97% from the average daily volume of 3,679 shares. The stock had previously closed at $21.39.
Conifer Trading Down 6.5 %
The business’s 50 day moving average price is $21.77 and its 200-day moving average price is $21.64.
Conifer Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a dividend of $0.6094 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 12.19%. This is an increase from Conifer’s previous quarterly dividend of $0.61. The ex-dividend date is Monday, December 15th.
About Conifer
Conifer Holdings, Inc, an insurance holding company, engages in the sale of property and casualty insurance products. It offers insurance coverage in specialty commercial and personal product lines. The company underwrites various specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies.
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