Insurance Australia Group Limited (OTCMKTS:IAUGY – Get Free Report)’s share price dropped 1.9% during trading on Monday . The company traded as low as $17.43 and last traded at $17.55. Approximately 1,318 shares changed hands during trading, an increase of 13% from the average daily volume of 1,166 shares. The stock had previously closed at $17.89.
Insurance Australia Group Stock Performance
The stock has a 50 day simple moving average of $18.42 and a 200 day simple moving average of $17.75.
Insurance Australia Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, October 13th. Stockholders of record on Thursday, August 31st will be paid a $0.0866 dividend. The ex-dividend date is Wednesday, August 30th. Insurance Australia Group’s payout ratio is 69.30%.
About Insurance Australia Group
(Get Free Report)
Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers’ compensation, motor vehicle, personal liability, business, and rural and horticultural, as well as reinsurance.
Featured Stories
Receive News & Ratings for Insurance Australia Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Insurance Australia Group and related companies with MarketBeat.com’s FREE daily email newsletter.
