Selective Insurance Group (NASDAQ:SIGIP) Stock Price Down 0.1% – Time to Sell?

Selective Insurance Group, Inc. (NASDAQ:SIGIP)’s share price fell 0.1% during trading on Monday . The company traded as low as $16.01 and last traded at $16.0370. 3,085 shares changed hands during trading, a decline of 40% from the average session volume of 5,147 shares. The stock had previously closed at $16.05.

Selective Insurance Group Stock Performance

The business has a fifty day moving average of $16.37 and a 200 day moving average of $16.73.

Selective Insurance Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a $0.2875 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.15 dividend on an annualized basis and a dividend yield of 7.2%.

Selective Insurance Group Company Profile

Selective Insurance Group, Inc is a property and casualty insurance holding company that underwrites a range of specialty and standard insurance products through a nationwide network of independent agents. The company’s core business focuses on commercial lines for small to mid-sized businesses, offering coverage for general liability, commercial auto, property, professional liability, and environmental liability exposures. In addition, Selective provides personal lines insurance, including homeowners and auto policies, through select agency partners in targeted markets.

Selective’s product portfolio is organized into three main segments: commercial property and casualty, personal lines, and reinsurance solutions.