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

Enstar Group Limited (NASDAQ:ESGRP) announced a quarterly dividend on Thursday, February 6th,Wall Street Journal reports. Shareholders of record on Saturday, February 15th will be paid a dividend of 0.4375 per share on Monday, March 3rd. This represents a $1.75 dividend on an annualized basis and a yield of 8.62%. The ex-dividend date of this dividend is Friday, February 14th.

Enstar Group Stock Down 0.2 %

Shares of NASDAQ:ESGRP traded down $0.04 during mid-day trading on Thursday, hitting $20.30. 6,190 shares of the company traded hands, compared to its average volume of 29,054. Enstar Group has a 12-month low of $19.01 and a 12-month high of $26.12. The stock has a 50-day moving average price of $20.40 and a two-hundred day moving average price of $20.56.

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.