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

Selective Insurance Group, Inc. (NASDAQ:SIGIP) announced a quarterly dividend on Wednesday, October 23rd, Wall Street Journal reports. Stockholders of record on Monday, December 2nd will be given a dividend of 0.2875 per share on Monday, December 16th. This represents a $1.15 annualized dividend and a dividend yield of 5.78%. The ex-dividend date of this dividend is Monday, December 2nd.

Selective Insurance Group Price Performance

NASDAQ SIGIP traded down $0.12 during trading on Wednesday, reaching $19.88. The company’s stock had a trading volume of 3,462 shares, compared to its average volume of 6,391. The business has a 50-day moving average price of $19.42 and a 200-day moving average price of $18.76. Selective Insurance Group has a 1-year low of $15.21 and a 1-year high of $20.30.

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.