Federated Nat (FNHC) Announces Quarterly Dividend of $0.03
Federated Nat (NASDAQ:FNHC) declared a quarterly dividend on Monday, February 17th, AnalystRatingsNetwork reports. Investors of record on Monday, May 5th will be given a dividend of 0.03 per share on Monday, June 2nd. This represents a $0.12 dividend on an annualized basis and a yield of 0.94%.
FNHC has been the subject of a number of recent research reports. Analysts at Janney Montgomery Scott initiated coverage on shares of Federated Nat in a research note on Friday, December 13th. They set a “neutral” rating on the stock. Analysts at Raymond James initiated coverage on shares of Federated Nat in a research note on Monday, December 2nd. They set an “outperform” rating on the stock.
Shares of Federated Nat (NASDAQ:FNHC) traded up 0.79% on Monday, hitting $12.72. 11,531 shares of the company’s stock traded hands. Federated Nat has a 1-year low of $5.31 and a 1-year high of $15.10. The stock has a 50-day moving average of $13.12 and a 200-day moving average of $11.52. The company has a market cap of $105.9 million and a price-to-earnings ratio of 11.23.
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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