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

Fundamental Global Inc. (NASDAQ:FGFPP) announced a quarterly dividend on Friday, November 29th,Wall Street Journal reports. Investors of record on Sunday, December 1st will be given a dividend of 0.50 per share on Sunday, December 15th. This represents a $2.00 annualized dividend and a dividend yield of 11.11%. The ex-dividend date of this dividend is Friday, November 29th.

Fundamental Global Trading Down 1.6 %

Shares of Fundamental Global stock traded down $0.29 during trading on Friday, hitting $18.00. 673 shares of the company’s stock traded hands, compared to its average volume of 2,391. Fundamental Global has a 1 year low of $12.50 and a 1 year high of $19.84. The business has a 50-day simple moving average of $15.22 and a 200-day simple moving average of $15.42.

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.