Global Indemnity Ltd (NASDAQ:GBLI) announced a quarterly dividend on Monday, December 3rd, Zacks reports. Shareholders of record on Monday, December 24th will be paid a dividend of 0.25 per share by the insurance provider on Monday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date is Friday, December 21st.
Shares of GBLI opened at $34.73 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.25 and a quick ratio of 0.25. The company has a market cap of $493.93 million, a price-to-earnings ratio of 29.43 and a beta of 0.93. Global Indemnity has a 52 week low of $31.78 and a 52 week high of $44.99.
Global Indemnity (NASDAQ:GBLI) last issued its quarterly earnings data on Wednesday, November 7th. The insurance provider reported ($0.03) EPS for the quarter. The company had revenue of $138.01 million for the quarter. Global Indemnity had a positive return on equity of 2.21% and a negative net margin of 1.25%.
Separately, BidaskClub lowered Global Indemnity from a “sell” rating to a “strong sell” rating in a report on Friday, September 14th.
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About Global Indemnity
Global Indemnity Limited, through its subsidiaries, provides insurance and reinsurance products and services in the United States and internationally. The company operates through three segments: Commercial Lines, Personal Lines, and Reinsurance Operations. The Commercial Lines segment distributes property, general liability, casualty, and professional lines products, as well as products for vacant, and under construction and renovation dwellings.
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