Fundamental Global (NASDAQ:FGFPP) Stock Price Down 4.9% – Here’s What Happened

Fundamental Global Inc. (NASDAQ:FGFPPGet Free Report)’s share price dropped 4.9% during mid-day trading on Monday . The company traded as low as $16.03 and last traded at $16.06. Approximately 4,800 shares traded hands during trading, a decline of 46% from the average daily volume of 8,900 shares. The stock had previously closed at $16.88.

Fundamental Global Trading Down 4.9 %

The firm’s fifty day moving average is $16.29 and its 200-day moving average is $15.39.

Fundamental Global Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Sunday, December 15th. Stockholders of record on Sunday, December 1st were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 12.45%. The ex-dividend date was Friday, November 29th.

Fundamental Global Company Profile

(Get Free Report)

Fundamental Global Inc engages in reinsurance, merchant banking, and asset management business. The company offers initial public offering services. It also offers specialty property and casualty reinsurance services. In addition, the company provides investment advisory services. Fundamental Global Inc was founded in 1932 and is based in Mooresville, North Carolina.

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