Donegal Group Inc. (NASDAQ:DGICA – Get Free Report) introduced a quarterly dividend on Thursday, October nineteenth, Zacks stories. Stockholders of file on Wednesday, November 1st will probably be paid a dividend of 0.17 per share by the insurance coverage supplier on Wednesday, November fifteenth. This represents a $0.68 annualized dividend and a dividend yield of 4.81%. The ex-dividend date of this dividend is Tuesday, October thirty first.
Donegal Group has elevated its dividend cost by a mean of 4.3% yearly over the past three years and has elevated its dividend yearly for the final 10 years. Donegal Group has a dividend payout ratio of 55.3% which means its dividend is sufficiently lined by earnings.
Donegal Group Inventory Down 0.5 %
NASDAQ:DGICA traded down $0.07 throughout buying and selling hours on Friday, hitting $14.14. 35,162 shares of the corporate’s inventory traded arms, in comparison with its common quantity of 26,595. Donegal Group has a twelve month low of $13.47 and a twelve month excessive of $15.76. The agency has a market cap of $468.60 million and a P/E ratio of -1,414,000.00. The corporate has a debt-to-equity ratio of 0.07, a fast ratio of 0.40 and a present ratio of 0.40. The inventory’s fifty day transferring common value is $14.54 and its two-hundred day transferring common value is $14.67.
Insider Transactions at Donegal Group
In different information, SVP William Daniel Delamater offered 9,000 shares of the corporate’s inventory in a transaction dated Wednesday, August 2nd. The inventory was offered at a mean value of $14.84, for a complete transaction of $133,560.00. Following the completion of the sale, the senior vp now owns 512 shares within the firm, valued at roughly $7,598.08. The transaction was disclosed in a submitting with the SEC, which is accessible by this hyperlink. In different Donegal Group information, main shareholder Mutual Insurance coverage Co Donegal purchased 3,525 shares of the agency’s inventory in a transaction that occurred on Thursday, August third. The inventory was bought at a mean value of $14.91 per share, for a complete transaction of $52,557.75. Following the acquisition, the insider now straight owns 11,918,479 shares within the firm, valued at $177,704,521.89. The acquisition was disclosed in a doc filed with the Securities & Trade Fee, which will be accessed by this hyperlink. Additionally, SVP William Daniel Delamater offered 9,000 shares of the inventory in a transaction that occurred on Wednesday, August 2nd. The shares had been offered at a mean value of $14.84, for a complete worth of $133,560.00. Following the sale, the senior vp now owns 512 shares of the corporate’s inventory, valued at roughly $7,598.08. The disclosure for this sale will be discovered right here. Within the final quarter, insiders bought 110,819 shares of firm inventory value $1,634,443 and offered 10,455 shares value $155,368. 6.63% of the inventory is at the moment owned by company insiders.
Institutional Buying and selling of Donegal Group
Hedge funds have lately added to or decreased their stakes within the enterprise. Nice West Life Assurance Co. Can raised its holdings in Donegal Group by 58.1% within the 1st quarter. Nice West Life Assurance Co. Can now owns 1,924 shares of the insurance coverage supplier’s inventory valued at $27,000 after buying a further 707 shares within the final quarter. Alliancebernstein L.P. raised its holdings in Donegal Group by 3.4% within the 2nd quarter. Alliancebernstein L.P. now owns 23,994 shares of the insurance coverage supplier’s inventory valued at $346,000 after buying a further 780 shares within the final quarter. Authorized & Normal Group Plc raised its holdings in Donegal Group by 15.8% within the 4th quarter. Authorized & Normal Group Plc now owns 5,922 shares of the insurance coverage supplier’s inventory valued at $84,000 after buying a further 806 shares within the final quarter. O Shaughnessy Asset Administration LLC raised its holdings in Donegal Group by 6.0% within the 1st quarter. O Shaughnessy Asset Administration LLC now owns 17,047 shares of the insurance coverage supplier’s inventory valued at $260,000 after buying a further 971 shares within the final quarter. Lastly, JPMorgan Chase & Co. raised its holdings in Donegal Group by 7.4% within the 1st quarter. JPMorgan Chase & Co. now owns 14,182 shares of the insurance coverage supplier’s inventory valued at $216,000 after buying a further 974 shares within the final quarter. Institutional buyers personal 27.94% of the corporate’s inventory.
Analyst Upgrades and Downgrades
Individually, StockNews.com initiated protection on Donegal Group in a analysis report on Thursday, October fifth. They set a “purchase” score for the corporate.
Learn Our Newest Evaluation on DGICA
About Donegal Group
(Get Free Report)
Donegal Group Inc, an insurance coverage holding firm, offers private and business strains of property and casualty insurance coverage to companies and people. It operates by three segments: Funding Operate, Private Traces of Insurance coverage, and Industrial Traces of Insurance coverage. The corporate affords personal passenger vehicle insurance policies that present safety towards legal responsibility for bodily harm and property injury arising from vehicle accidents, in addition to safety towards loss from injury to vehicles; and owners insurance policies, which offer protection for injury to residences and their contents from a variety of perils, together with hearth, lightning, windstorm, and theft, in addition to legal responsibility of the insured arising from harm to different individuals or their property.
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