Donegal Group (DGICB) Upgraded to “B” at TheStreet

TheStreet upgraded shares of Donegal Group (NASDAQ:DGICB) from a c+ rating to a b rating in a report published on Wednesday, November 22nd.

Shares of Donegal Group (DGICB) traded up $0.05 during midday trading on Wednesday, reaching $15.65. 106 shares of the company traded hands, compared to its average volume of 684. Donegal Group has a twelve month low of $13.35 and a twelve month high of $18.50. The company has a market cap of $468.39, a PE ratio of 33.91 and a beta of -0.03. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.42 and a current ratio of 0.42.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st were given a dividend of $0.1225 per share. The ex-dividend date of this dividend was Tuesday, October 31st. This represents a $0.49 annualized dividend and a dividend yield of 3.13%. Donegal Group’s dividend payout ratio is currently 89.09%.

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Donegal Group Company Profile

Donegal Group Inc (DGI) is an insurance holding company whose insurance subsidiaries offer personal and commercial lines of property and casualty insurance. The Company offered its insurance business to various businesses and individuals in 21 Mid-Atlantic, Midwestern, New England and Southern states, as of December 31, 2016.

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