White Mountains Insurance Group, Ltd. (NYSE:WTM) Declares Annual Dividend of $1.00

White Mountains Insurance Group, Ltd. (NYSE:WTM) announced an annual dividend on Friday, February 28th, NASDAQ Dividends reports. Investors of record on Monday, March 17th will be paid a dividend of 1.00 per share by the insurance provider on Wednesday, March 26th. This represents a yield of 0.05%. The ex-dividend date of this dividend is Monday, March 17th.

White Mountains Insurance Group has a dividend payout ratio of 0.9% meaning its dividend is sufficiently covered by earnings.

White Mountains Insurance Group Price Performance

WTM stock opened at $1,846.93 on Friday. The firm has a 50 day moving average of $1,889.37 and a 200-day moving average of $1,856.54. White Mountains Insurance Group has a 12-month low of $1,665.71 and a 12-month high of $2,023.00. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. The company has a market cap of $4.74 billion, a price-to-earnings ratio of 20.52 and a beta of 0.45.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share (EPS) for the quarter. White Mountains Insurance Group had a net margin of 10.29% and a return on equity of 10.56%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Monday, February 10th.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.