Selective Insurance Group, Inc. Declares Quarterly Dividend of $0.29 (NASDAQ:SIGIP)

Selective Insurance Group, Inc. (NASDAQ:SIGIP) announced a quarterly dividend on Thursday, January 30th,Wall Street Journal reports. Stockholders of record on Friday, February 28th will be paid a dividend of 0.2875 per share on Monday, March 17th. This represents a $1.15 dividend on an annualized basis and a dividend yield of 6.41%. The ex-dividend date is Friday, February 28th.

Selective Insurance Group Stock Performance

Shares of SIGIP traded down $0.07 during midday trading on Thursday, hitting $17.93. 17,532 shares of the company’s stock traded hands, compared to its average volume of 8,331. The firm’s fifty day moving average is $18.19 and its 200-day moving average is $18.84. Selective Insurance Group has a 1 year low of $17.10 and a 1 year high of $20.30.

About Selective Insurance Group

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.