United Fire Group, Inc (NASDAQ:UFCS) will begin trading ex-dividend on September 3, 2020. The quarterly dividend payment of $ 0.33 per share is scheduled to be paid on September 18, 2020. The dividend yield based on the latest trading day closing price was 5.09 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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United Fire Group, Inc recently reported second quarter financial results on August 5, 2020, before market open, the Cedar Rapids based company unfold loss for the second quarter of $ 0.26 per share, from the revenue of $ 297.80 million. According to street consensus, UFCS was expected to report 2Q20 loss of $ 0.56 per share from revenue of $ 291.79 million. The bottom line results beat street analysts by $ 0.3 or 53.57 percent, at the same time, top line results outshined analysts by $ 6.01 million or 2.06 percent.
Stock Performance
Shares of United Fire Group, Inc traded low $ -0.28 or -1.07 percent on Friday, reaching $ 25.92 with volume of 41.60 thousand shares. United Fire Group, Inc has traded high as $ 26.70 and has cracked $ 25.51 on the downward trend
According to the previous trading day, closing price of $ 25.92, representing a 18.66 % increase from the 52 week low of $ 22.08 and a 45.42 % decrease over the 52 week high of $ 48.00.
The company has a market capital of $ 648.81 million and is part of the Financial Services sector and Insurance – Property & Casualty industry.
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers compensation, and surety coverage; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners.
