Federated Nat (FNHC) Declares Quarterly Dividend of $0.03
Federated Nat (NASDAQ:FNHC) declared a quarterly dividend on Thursday, September 12th, American Banking & Market News reports. Shareholders of record on Monday, November 4th will be given a dividend of $0.03 per share on Monday, December 2nd. This represents a $0.12 dividend on an annualized basis and a yield of 1.27%.
On the ratings front, analysts at Thomson Reuters/Verus downgraded shares of Federated Nat (NASDAQ:FNHC) from a “buy” rating to a “hold” rating in a research note to investors on Monday, September 2nd.
Shares of Federated Nat (NASDAQ:FNHC) opened at 9.42 on Thursday. Federated Nat has a 52 week low of $5.09 and a 52 week high of $10.98. The stock has a 50-day moving average of $10.01 and a 200-day moving average of $8.74. The company has a market cap of $78.3 million and a P/E ratio of 11.43.
Federated National Holding Company (NASDAQ:FNHC), formerly 21st Century Holding Company, is an insurance holding company, which through its subsidiaries and its contractual relationships with its independent agents and general agents, controls all aspects of the insurance underwriting, distribution and claims processes.
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