Insurance Australia Group Ltd (ASX:IAG) to Issue Interim Dividend of $0.10

Insurance Australia Group Ltd (ASX:IAG) declared a interim dividend on Thursday, February 13th, MarketIndexAU reports. Shareholders of record on Wednesday, March 25th will be paid a dividend of 0.10 per share on Wednesday, March 25th. This represents a yield of 1.47%. The ex-dividend date is Tuesday, February 18th.

Shares of Insurance Australia Group stock opened at A$6.79 ($4.82) on Friday. The company has a current ratio of 0.84, a quick ratio of 0.40 and a debt-to-equity ratio of 29.91. The company’s fifty day simple moving average is A$7.43 and its two-hundred day simple moving average is A$7.84. The company has a market cap of $15.69 billion and a P/E ratio of 15.22. Insurance Australia Group has a 12-month low of A$6.81 ($4.83) and a 12-month high of A$8.74 ($6.20).

About Insurance Australia Group

Insurance Australia Group Limited underwrites general insurance products. The company operates through Australia, New Zealand, and Corporate and Other segments. It offers consumer insurance products, such as motor vehicle, home and contents, lifestyle and leisure, and compulsory third party, as well as travel insurance, life insurance, and income protection products; and business insurance products, including business package, farm and crop, commercial property, construction and engineering, commercial and fleet motor, marine, workers' compensation, professional indemnity, directors' and officers', and public and products liability.

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