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

Enstar Group Limited (NASDAQ:ESGRO) declared a quarterly dividend on Tuesday, November 5th,Wall Street Journal reports. Stockholders of record on Friday, November 15th will be given 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 8.35%. The ex-dividend date is Friday, November 15th.

Enstar Group Stock Performance

Shares of NASDAQ:ESGRO traded up $0.05 during trading on Thursday, reaching $20.95. The stock had a trading volume of 7,465 shares, compared to its average volume of 17,310. Enstar Group has a 52 week low of $18.59 and a 52 week high of $25.47. The business’s 50-day moving average price is $20.56 and its 200 day moving average price is $22.43.

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.