Argo Group International Holdings, Ltd. (NYSE:ARGO) will begin trading ex-dividend on November 19, 2020. The quarterly dividend payment of $ 0.31 per share is scheduled to be paid on December 4, 2020. The dividend yield based on the latest trading day closing price was 3.03 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 19, 2020.
Dividends History
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Argo Group International Holdings, Ltd. recently reported third quarter financial results on November 2, 2020, after market close, the Pembroke based company revealed loss for the third quarter of $ 0.34 per share, from the revenue of $ 445.50 million. The quarterly revenues lowered 1.33 percent compared with the same quarter last year. Wall street analysts are predicting, ARGO to report 3Q20 loss of $ 0.62 per share from revenue of $ 440.86 million. The bottom line results beat street analysts by $ 0.28 or 45.16 percent, at the same time, top line results outshined analysts by $ 4.64 million or 1.05 percent.
Stock Performance
On Friday, shares of Argo Group International Holdings, Ltd. has traded high as $ 41.50 and has cracked $ 39.87 on the downward trend, reaching $ 40.88 with volume of 126.40 thousand shares.
According to the previous trading day, closing price of $ 40.88, representing a 58.08 % increase from the 52 week low of $ 25.00 and a 43.9 % decrease over the 52 week high of $ 70.44.
The company has a market capital of $ 1.42 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets. The company operates in two segments, U.S.
