Fundamental Global Inc. (NASDAQ:FGFPP) to Issue Quarterly Dividend of $0.50

Fundamental Global Inc. (NASDAQ:FGFPP) declared a quarterly dividend on Thursday, February 13th, Wall Street Journal reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.50 per share on Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 11.36%. The ex-dividend date is Monday, March 3rd.

Fundamental Global Stock Performance

Shares of FGFPP stock opened at $17.61 on Friday. Fundamental Global has a one year low of $12.50 and a one year high of $19.84. The company’s fifty day moving average price is $16.50 and its 200-day moving average price is $15.79.

Fundamental Global Company Profile

Fundamental Global Inc engages in reinsurance, merchant banking, and asset management business. The company offers initial public offering services. It also offers specialty property and casualty reinsurance services. In addition, the company provides investment advisory services. Fundamental Global Inc was founded in 1932 and is based in Mooresville, North Carolina.