Andrew J. Abernathey Purchases 8,653 Shares of National Security Group, Inc. (NSEC) Stock

National Security Group, Inc. (NASDAQ:NSEC) major shareholder Andrew J. Abernathey purchased 8,653 shares of National Security Group stock in a transaction on Monday, October 23rd. The shares were acquired at an average cost of $12.85 per share, with a total value of $111,191.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Monday, November 6th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.56%. The ex-dividend date is Friday, November 3rd. National Security Group’s dividend payout ratio is presently -105.26%.

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About National Security Group

The National Security Group, Inc is an insurance holding company. The Company, through its subsidiaries, operates through two segments: property and casualty insurance, and life insurance. Its property and casualty insurance business is conducted through National Security Fire and Casualty Company (NSFC), a subsidiary of the Company, and Omega One Insurance Company (Omega), a subsidiary of NSFC.

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