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

Enstar Group Limited (NASDAQ:ESGRP) declared a quarterly dividend on Thursday, November 7th,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 annualized dividend and a dividend yield of 8.13%. The ex-dividend date of this dividend is Friday, November 15th.

Enstar Group Stock Down 0.9 %

Shares of NASDAQ ESGRP traded down $0.20 during trading hours on Thursday, reaching $21.53. The stock had a trading volume of 30,878 shares, compared to its average volume of 61,077. 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 $20.17 and a 200-day moving average of $22.74.

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.