Insurance Australia Group Limited (ASX:IAG) Declares Dividend Increase – $0.12 Per Share

Insurance Australia Group Limited (ASX:IAG) announced a interim dividend on Friday, February 14th,MarketIndexAU Dividends reports. Investors of record on Thursday, March 6th will be paid a dividend of 0.12 per share on Thursday, March 6th. This represents a yield of 1.54%. The ex-dividend date of this dividend is Monday, February 17th. This is an increase from Insurance Australia Group’s previous interim dividend of $0.10.

Insurance Australia Group Stock Performance

The company has a market cap of $18.45 billion, a PE ratio of 21.23, a price-to-earnings-growth ratio of 0.34 and a beta of 0.16. The company has a debt-to-equity ratio of 44.10, a quick ratio of 0.30 and a current ratio of 1.75.

Insurance Australia Group Company Profile

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, personal liability, business, and rural and horticultural, as well as reinsurance.