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

Enstar Group Limited (NASDAQ:ESGRO) announced a quarterly dividend on Tuesday, November 5th,Wall Street Journal reports. Shareholders 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 dividend on an annualized basis and a dividend yield of 8.33%. The ex-dividend date is Friday, November 15th.

Enstar Group Price Performance

Shares of NASDAQ:ESGRO remained flat at $21.00 during trading on Thursday. 36,365 shares of the stock traded hands, compared to its average volume of 17,190. The company has a 50 day simple moving average of $20.49 and a 200-day simple moving average of $22.54. Enstar Group has a 52-week low of $18.59 and a 52-week high of $25.47.

Enstar Group Company Profile

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.