Selective Insurance Group (NASDAQ:SIGIP) Trading Up 0.6% – Here’s Why

Selective Insurance Group, Inc. (NASDAQ:SIGIPGet Free Report) was up 0.6% during mid-day trading on Wednesday . The stock traded as high as $16.31 and last traded at $16.2350. Approximately 5,296 shares were traded during trading, a decline of 9% from the average daily volume of 5,841 shares. The stock had previously closed at $16.14.

Selective Insurance Group Trading Up 0.6%

The firm’s fifty day moving average is $16.75 and its 200-day moving average is $17.15.

Selective Insurance Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were issued a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend was Friday, February 27th.

About Selective Insurance Group

(Get Free Report)

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.

Further Reading

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