Selective Insurance Group, Inc. to Issue 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. Investors 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 annualized dividend and a dividend yield of 6.45%. The ex-dividend date of this dividend is Friday, February 28th.

Selective Insurance Group Price Performance

Shares of NASDAQ:SIGIP opened at $17.82 on Friday. The firm has a 50 day simple moving average of $18.19 and a 200 day simple moving average of $18.84. Selective Insurance Group has a one year low of $17.10 and a one year high of $20.30.

Selective Insurance Group Company Profile

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.