Selective Insurance Group (NASDAQ:SIGIP) Trading Down 1% – Here’s What Happened

Selective Insurance Group, Inc. (NASDAQ:SIGIP) shares fell 1% during trading on Monday . The stock traded as low as $16.68 and last traded at $16.68. 27,406 shares changed hands during mid-day trading, an increase of 355% from the average session volume of 6,027 shares. The stock had previously closed at $16.85.

Selective Insurance Group Trading Down 1.0%

The business’s fifty day simple moving average is $17.17 and its 200-day simple moving average is $17.44.

Selective Insurance Group (NASDAQ:SIGIP) last posted its quarterly earnings results on Thursday, February 3rd. The company reported $1.84 EPS for the quarter. The company had revenue of $798.43 million during the quarter.

Selective Insurance Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were given a dividend of $0.2875 per share. The ex-dividend date was Monday, December 1st. This represents a $1.15 annualized dividend and a dividend yield of 6.9%.

Selective Insurance Group Company Profile

Selective Insurance Group, Inc is a property and casualty insurance holding company that underwrites a range of specialty and standard insurance products through a nationwide network of independent agents. The company’s core business focuses on commercial lines for small to mid-sized businesses, offering coverage for general liability, commercial auto, property, professional liability, and environmental liability exposures. In addition, Selective provides personal lines insurance, including homeowners and auto policies, through select agency partners in targeted markets.

Selective’s product portfolio is organized into three main segments: commercial property and casualty, personal lines, and reinsurance solutions.