Enstar Group Limited (NASDAQ:ESGRP) to Issue $0.44 Quarterly Dividend

Enstar Group Limited (NASDAQ:ESGRP) announced a quarterly dividend on Tuesday, November 5th,Wall Street Journal reports. Investors of record on Friday, November 15th will be paid a dividend of 0.4375 per share on Sunday, December 1st. This represents a $1.75 dividend on an annualized basis and a dividend yield of 8.51%. The ex-dividend date of this dividend is Friday, November 15th.

Enstar Group Stock Down 2.5 %

Shares of NASDAQ ESGRP traded down $0.52 during trading hours on Thursday, reaching $20.57. The stock had a trading volume of 8,124 shares, compared to its average volume of 60,095. Enstar Group has a fifty-two week low of $19.01 and a fifty-two week high of $26.12. The firm has a 50-day moving average of $20.28 and a 200-day moving average of $22.60.

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.