Hartford Financial Services Group Inc Plans Quarterly Dividend of $0.18 (HIG)
Hartford Financial Services Group (NYSE:HIG) announced a quarterly dividend on Wednesday, July 30th, Analyst Ratings News reports. Stockholders of record on Tuesday, September 2nd will be paid a dividend of 0.18 per share on Wednesday, October 1st. This represents a $0.72 annualized dividend and a dividend yield of 2.09%.
On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of Hartford Financial Services Group in a research note on Tuesday, July 1st. They now have a $38.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $39.00.
Shares of Hartford Financial Services Group (NYSE:HIG) traded down 1.62% during mid-day trading on Wednesday, hitting $34.53. The stock had a trading volume of 5,557,704 shares. Hartford Financial Services Group has a 52 week low of $29.37 and a 52 week high of $36.87. The stock’s 50-day moving average is $36.03 and its 200-day moving average is $35.1. The company has a market cap of $15.528 billion and a P/E ratio of 19.12.
Hartford Financial Services Group (NYSE:HIG) last announced its earnings results on Wednesday, July 30th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by $0.37. During the same quarter in the previous year, the company posted $0.66 earnings per share. On average, analysts predict that Hartford Financial Services Group will post $3.53 earnings per share for the current fiscal year.
Hartford Financial Services Group Inc, formerly The Hartford Financial Services Group, Inc, is an insurance and financial services company.
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