Enstar Group (NASDAQ:ESGRP) Stock Price Down 3.4% – Here’s What Happened

Enstar Group Limited (NASDAQ:ESGRPGet Free Report)’s share price dropped 3.4% during trading on Friday . The company traded as low as $19.45 and last traded at $19.55. Approximately 118,449 shares traded hands during mid-day trading, an increase of 67% from the average daily volume of 70,751 shares. The stock had previously closed at $20.24.

Enstar Group Trading Down 3.4%

The stock has a fifty day moving average of $20.69 and a 200-day moving average of $20.61.

Enstar Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Thursday, May 15th were issued a dividend of $0.4375 per share. The ex-dividend date was Thursday, May 15th. This represents a $1.75 annualized dividend and a yield of 8.95%.

Enstar Group Company Profile

(Get Free Report)

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.

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