United Fire Group, Inc. (NASDAQ:UFCS) announced a quarterly dividend on Friday, February 17th. Stockholders of record on Wednesday, March 1st will be given a dividend of 0.25 per share on Wednesday, March 15th. This represents a $1.00 annualized dividend and a dividend yield of 2.35%.
United Fire Group (NASDAQ:UFCS) traded down 4.97% during midday trading on Friday, hitting $40.52. 80,961 shares of the stock traded hands. The company’s 50 day moving average price is $47.25 and its 200 day moving average price is $44.47. United Fire Group has a 12 month low of $37.54 and a 12 month high of $50.75. The firm has a market cap of $1.03 billion, a PE ratio of 15.11 and a beta of 0.40.
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In other United Fire Group news, CEO Randy A. Ramlo sold 14,340 shares of the company’s stock in a transaction that occurred on Wednesday, December 14th. The stock was sold at an average price of $48.82, for a total value of $700,078.80. Following the sale, the chief executive officer now owns 63,004 shares in the company, valued at approximately $3,075,855.28. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP David E. Conner sold 3,500 shares of the company’s stock in a transaction that occurred on Friday, December 9th. The stock was sold at an average price of $48.85, for a total value of $170,975.00. Following the completion of the sale, the vice president now owns 12,334 shares in the company, valued at approximately $602,515.90. The disclosure for this sale can be found here. In the last 90 days, insiders sold 36,696 shares of company stock worth $1,805,314. Insiders own 5.90% of the company’s stock.
About United Fire Group
United Fire Group, Inc, formerly United Fire & Casualty Company, is engaged in the business of writing property and casualty insurance and life insurance and selling annuities. The Company operates in two segments: property and casualty insurance, and life insurance. The Company’s property and casualty insurance segment consists of commercial lines insurance, including surety bonds, personal lines insurance and assumed insurance.
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