Donegal Group Inc. Plans Quarterly Dividend of $0.12 (NASDAQ:DGICB)

Donegal Group Inc. (NASDAQ:DGICB) declared a quarterly dividend on Friday, December 22nd, Wall Street Journal reports. Shareholders of record on Thursday, February 1st will be given a dividend of 0.1225 per share by the insurance provider on Thursday, February 15th. This represents a $0.49 annualized dividend and a yield of 3.40%. The ex-dividend date is Wednesday, January 31st.

Donegal Group (NASDAQ DGICB) traded up $0.15 on Wednesday, hitting $14.40. The company had a trading volume of 200 shares, compared to its average volume of 1,933. The firm has a market cap of $390.88, a PE ratio of 25.71 and a beta of 0.81. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.16. Donegal Group has a 1-year low of $13.35 and a 1-year high of $17.00.

Separately, TheStreet raised Donegal Group from a “c+” rating to a “b” rating in a research note on Friday, February 2nd.

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About Donegal Group

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.

Dividend History for Donegal Group (NASDAQ:DGICB)

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