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

Enstar Group Limited (NASDAQ:ESGRO) announced a quarterly dividend on Monday, August 5th, Wall Street Journal reports. Investors of record on Thursday, August 15th will be given a dividend of 0.4375 per share on Sunday, September 1st. This represents a $1.75 dividend on an annualized basis and a yield of 8.45%. The ex-dividend date is Thursday, August 15th.

Enstar Group Stock Performance

ESGRO stock traded up $0.31 during trading on Wednesday, reaching $20.71. The stock had a trading volume of 64,461 shares, compared to its average volume of 14,906. The firm has a fifty day moving average price of $24.08 and a 200 day moving average price of $24.47. Enstar Group has a 1-year low of $18.59 and a 1-year high of $25.47.

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.