Enstar Group (NASDAQ:ESGRO) Shares Up 0.5% – Still a Buy?

Enstar Group Limited (NASDAQ:ESGROGet Free Report) shot up 0.5% on Tuesday . The stock traded as high as $20.62 and last traded at $20.50. 16,233 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 16,995 shares. The stock had previously closed at $20.40.

Enstar Group Stock Up 0.5 %

The company’s fifty day moving average is $20.55 and its two-hundred day moving average is $23.10.

Enstar Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Sunday, September 1st. Investors of record on Thursday, August 15th were issued a $0.4375 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.75 annualized dividend and a yield of 8.54%.

About Enstar Group

(Get Free Report)

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.

Further Reading

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