Selective Insurance Group (NASDAQ:SIGIP) Stock Price Down 0.6% – Should You Sell?

Selective Insurance Group, Inc. (NASDAQ:SIGIPGet Free Report)’s share price was down 0.6% during mid-day trading on Wednesday . The stock traded as low as $15.76 and last traded at $15.76. 3,347 shares were traded during trading, a decline of 82% from the average daily volume of 18,383 shares. The stock had previously closed at $15.85.

Selective Insurance Group Stock Up 0.3%

The business’s fifty day moving average price is $16.19 and its 200 day moving average price is $16.55.

Selective Insurance Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date was Friday, May 29th.

About Selective Insurance Group

(Get Free Report)

Selective Insurance Group, Inc is a property and casualty insurance holding company that underwrites a range of specialty and standard insurance products through a nationwide network of independent agents. The company’s core business focuses on commercial lines for small to mid-sized businesses, offering coverage for general liability, commercial auto, property, professional liability, and environmental liability exposures. In addition, Selective provides personal lines insurance, including homeowners and auto policies, through select agency partners in targeted markets.

Selective’s product portfolio is organized into three main segments: commercial property and casualty, personal lines, and reinsurance solutions.

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