Enstar Group Limited (NASDAQ:ESGRP – Get Free Report)’s stock price traded down 2.4% during trading on Wednesday . The company traded as low as $20.57 and last traded at $20.59. 9,392 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 68,125 shares. The stock had previously closed at $21.09.
Enstar Group Stock Down 2.4%
The business’s fifty day moving average price is $20.76 and its 200 day moving average price is $20.62.
Enstar Group Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be issued a dividend of $0.4375 per share. The ex-dividend date is Thursday, May 15th. This represents a $1.75 annualized dividend and a yield of 8.50%.
About Enstar Group
Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. 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.
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