Shares of Enstar Group Limited (NASDAQ:ESGRO – Get Rating) shot up 0.7% during mid-day trading on Tuesday . The stock traded as high as $24.26 and last traded at $24.26. 33,806 shares changed hands during trading, an increase of 285% from the average session volume of 8,792 shares. The stock had previously closed at $24.10.
Enstar Group Trading Up 0.7 %
The firm's fifty day moving average is $23.53 and its 200-day moving average is $23.68.
Get Enstar Group alerts:Enstar Group Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 1st. Stockholders of record on Wednesday, February 15th will be given a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a dividend yield of 7.21%. The ex-dividend date is Tuesday, February 14th.
About Enstar Group
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Enstar Group Limited acquires and manages insurance and reinsurance companies, and portfolios of insurance and reinsurance business in run-off. It engages in the run-off property and casualty, and other non-life lines insurance businesses. 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.
Further Reading
- Get a free copy of the StockNews.com research report on Enstar Group (ESGRO)
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