Donegal Group, Inc. (NASDAQ:DGICB – Get Free Report) announced a quarterly dividend on Thursday, October 15th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.1750 per share by the insurance provider on Monday, November 16th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Monday, November 2nd.
Donegal Group has a dividend payout ratio of 35.0% meaning its dividend is sufficiently covered by earnings.
Donegal Group Trading Up 1.4%
NASDAQ DGICB opened at $19.15 on Friday. The business’s fifty day moving average is $21.62 and its 200-day moving average is $20.74. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.39 and a quick ratio of 0.39. The stock has a market capitalization of $710.85 million, a price-to-earnings ratio of 10.91 and a beta of 0.01. Donegal Group has a one year low of $15.10 and a one year high of $29.99.
Donegal Group (NASDAQ:DGICB – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The insurance provider reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.07. The company had revenue of $232.25 million during the quarter, compared to analyst estimates of $231.53 million. Donegal Group had a net margin of 7.38% and a return on equity of 10.65%.
Donegal Group Company Profile
Donegal Group Inc is an insurance holding company that provides property and casualty insurance through its insurance subsidiaries. The company primarily serves individuals, families, farmers, and businesses through a network of independent insurance agents.
Its products generally include personal automobile, homeowners, farmowners, and other personal insurance policies, along with commercial automobile, commercial property, businessowners, workers’ compensation, and related commercial coverage.
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