Investors Title Co. Plans Quarterly Dividend of $0.08 (ITIC)
Investors Title (NASDAQ:ITIC) announced a quarterly dividend on Tuesday, August 12th, American Banking News reports. Stockholders of record on Monday, September 1st will be paid a dividend of 0.08 per share on Monday, September 15th. This represents a $0.32 annualized dividend and a dividend yield of 0.46%.
Shares of Investors Title (NASDAQ:ITIC) traded up 0.50% on Tuesday, hitting $69.91. 1,448 shares of the company’s stock traded hands. Investors Title has a one year low of $62.53 and a one year high of $83.55. The stock has a 50-day moving average of $68.42 and a 200-day moving average of $72.2. The company has a market cap of $141.8 million and a price-to-earnings ratio of 12.23.
Investors Title (NASDAQ:ITIC) last announced its earnings results on Monday, August 4th. The company reported $1.65 earnings per share (EPS) for the quarter. The company had revenue of $33.20 million for the quarter, compared to the consensus estimate of $33.70 million.
Investors Title Company is a holding company that operates through its subsidiaries, which includes Investors Title Insurance Company (NASDAQ:ITIC) and National Investors Title Insurance Company (NITIC).
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