Donegal Group Inc. Declares Dividend of $0.14 (DGICA)
Donegal Group Inc. (NASDAQ:DGICA) declared a dividend on Thursday, April 20th. Shareholders of record on Monday, May 1st will be paid a dividend of 0.14 per share by the insurance provider on Monday, May 15th. The ex-dividend date of this dividend is Thursday, April 27th.
Shares of Donegal Group (NASDAQ:DGICA) traded down 0.63% during trading on Friday, reaching $17.27. 18,281 shares of the company’s stock traded hands. The stock has a 50-day moving average of $17.10 and a 200-day moving average of $16.63. The company has a market capitalization of $468.40 million, a price-to-earnings ratio of 15.20 and a beta of 0.04. Donegal Group has a 1-year low of $14.49 and a 1-year high of $18.55.
Donegal Group (NASDAQ:DGICA) last posted its quarterly earnings data on Wednesday, April 19th. The insurance provider reported $0.12 EPS for the quarter, missing the Zacks’ consensus estimate of $0.35 by $0.23. Donegal Group had a net margin of 4.89% and a return on equity of 7.16%. The company had revenue of $175.05 million for the quarter. On average, equities analysts predict that Donegal Group will post $1.18 EPS for the current fiscal year.
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Separately, Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Donegal Group in a research note on Thursday, December 22nd.
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.
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