National Security Group Inc Plans Quarterly Dividend of $0.05 (NSEC)

National Security Group Inc (NASDAQ:NSEC) declared a quarterly dividend on Friday, January 19th, NASDAQ reports. Stockholders of record on Monday, February 5th will be given a dividend of 0.05 per share by the insurance provider on Wednesday, February 28th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Friday, February 2nd.

National Security Group (NASDAQ NSEC) opened at $16.25 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.29 and a current ratio of 0.29. National Security Group has a one year low of $11.52 and a one year high of $18.17. The stock has a market cap of $40.86, a P/E ratio of -20.83 and a beta of 0.35.

National Security Group (NASDAQ:NSEC) last released its quarterly earnings data on Monday, November 13th. The insurance provider reported ($0.22) earnings per share (EPS) for the quarter. National Security Group had a negative net margin of 2.98% and a negative return on equity of 4.14%.

In other National Security Group news, major shareholder Andrew J. Abernathey acquired 3,845 shares of the company’s stock in a transaction dated Friday, November 3rd. The shares were purchased at an average cost of $13.31 per share, for a total transaction of $51,176.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Fred Clark, Jr. acquired 6,299 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were acquired at an average price of $14.96 per share, for a total transaction of $94,233.04. Following the completion of the purchase, the director now owns 38,596 shares of the company’s stock, valued at approximately $577,396.16. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 31,382 shares of company stock worth $449,144. Insiders own 38.81% of the company’s stock.

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About National Security Group

The National Security Group, Inc is an insurance holding company. The Company, through its subsidiaries, operates through two segments: property and casualty insurance, and life insurance. Its property and casualty insurance business is conducted through National Security Fire and Casualty Company (NSFC), a subsidiary of the Company, and Omega One Insurance Company (Omega), a subsidiary of NSFC.

Dividend History for National Security Group (NASDAQ:NSEC)

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