Selective Insurance Group, Inc. (NASDAQ:SIGIP) Declares $0.29 Quarterly Dividend

Selective Insurance Group, Inc. (NASDAQ:SIGIP) announced a quarterly dividend on Wednesday, January 29th,Wall Street Journal reports. Shareholders of record on Friday, February 28th will be paid a dividend of 0.2875 per share on Monday, March 17th. This represents a $1.15 annualized dividend and a dividend yield of 6.50%. The ex-dividend date is Friday, February 28th.

Selective Insurance Group Stock Down 0.7 %

Shares of NASDAQ SIGIP traded down $0.13 during midday trading on Friday, hitting $17.69. The company had a trading volume of 6,874 shares, compared to its average volume of 8,289. Selective Insurance Group has a twelve month low of $17.10 and a twelve month high of $20.30. The business has a 50-day simple moving average of $18.16 and a two-hundred day simple moving average of $18.83.

Selective Insurance Group Company Profile

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.