Dividend Flows Coverage: $0.09 dividends are now a reality for Employers Holdings Inc (NYSE:EIG) shareholders. Here’s why.

Dividend Flows Coverage: $0.09 dividends are now a reality for Employers Holdings Inc (NYSE:EIG) shareholders. Here's why.

Employers Holdings Inc (NYSE:EIG) is expected to pay $0.09 on Nov 23, 2016. The indicated annual dividend is $0.36. Shareholders owning the stock before Nov 7, 2016 will be eligible to receive the payout. Based on Employers Holdings Inc’s current price of $30.00, the dividend is 0.30%. This dividend’s record date is Nov 9, 2016 and the announcement date is Oct 27, 2016. The stock increased 0.67% or $0.2 on November 4, hitting $30. About 80,998 shares traded hands. Employers Holdings, Inc. (NYSE:EIG) has risen 7.68% since April 5, 2016 and is uptrending. It has outperformed by 5.72% the S&P500.

Employers Holdings, Inc. is a holding company. The company has a market cap of $956.25 million. Through its insurance subsidiaries, the Company provides workers’ compensation insurance coverage to select, small businesses in low to medium hazard industries. It has a 10.09 P/E ratio. The Firm provides workers’ compensation insurance under a statutory system wherein employers are required to provide coverage for their employees’ medical, disability, vocational rehabilitation, and/or death benefit costs for work-related injuries or illnesses.

Insitutional Activity: The institutional sentiment decreased to 0.89 in Q2 2016. Its down 0.30, from 1.19 in 2016Q1. The ratio worsened, as 21 funds sold all Employers Holdings, Inc. shares owned while 60 reduced positions. 16 funds bought stakes while 56 increased positions. They now own 24.90 million shares or 0.71% more from 24.72 million shares in 2016Q1.
Blackrock Advisors Ltd, a Delaware-based fund reported 13,981 shares. Aviance Cap Ltd Co has 54,737 shares for 0.58% of their US portfolio. New York State Common Retirement Fund accumulated 140,930 shares or 0.01% of the stock. Analytic Invsts Lc has invested 0.02% of its portfolio in Employers Holdings, Inc. (NYSE:EIG). Blackrock accumulated 0% or 7,245 shares. Schwab Charles Inv Mgmt Incorporated holds 0.01% or 173,588 shares in its portfolio. Bank & Trust Of Montreal Can has 131,409 shares for 0% of their US portfolio. American Intll holds 0% of its portfolio in Employers Holdings, Inc. (NYSE:EIG) for 23,939 shares. First Mercantile reported 3,400 shares or 0.01% of all its holdings. Capstone Asset Management owns 14,860 shares or 0.01% of their US portfolio. Principal Fin Group Inc, a Iowa-based fund reported 236,150 shares. Dalton Greiner Hartman Maher & accumulated 442,235 shares or 0.8% of the stock. Blackrock Institutional Na accumulated 0% or 769,750 shares. The Pennsylvania-based Nationwide Fund Advsrs has invested 0.02% in Employers Holdings, Inc. (NYSE:EIG). Great West Life Assurance Can holds 2,226 shares or 0% of its portfolio.

Insider Transactions: Since May 16, 2016, the stock had 1 insider purchase, and 8 insider sales for $2.48 million net activity. $613,740 worth of Employers Holdings, Inc. (NYSE:EIG) shares were sold by Nelson Ann W. Festa Stephen V sold 9,647 shares worth $308,704. $497,262 worth of shares were sold by Ormsby Lenard T on Wednesday, June 1. On Monday, August 1 the insider Blakey Richard W bought $7,280. Hallman Richard P sold $459,653 worth of stock.

More notable recent Employers Holdings, Inc. (NYSE:EIG) news were published by: Nasdaq.com which released: “Employers Holdings Inc (EIG) Ex-Dividend Date Scheduled for November 07, 2016” on November 04, 2016, also Businesswire.com with their article: “Employers Holdings, Inc. Announces Additional Board Member” published on October 22, 2015, Businesswire.com published: “Employers Holdings, Inc. Names Matthew H. Hendricksen, Vice President …” on August 01, 2016. More interesting news about Employers Holdings, Inc. (NYSE:EIG) were released by: Businesswire.com and their article: “Employers Holdings, Inc. Names Dwight L. Robertson, M.D. Vice President …” published on March 14, 2016 as well as Businesswire.com‘s news article titled: “Employers Holdings, Inc. Names Samuel V. King as Vice President, Fraud …” with publication date: February 22, 2016.

EIG Company Profile

Employers Holdings, Inc., incorporated on March 9, 2005, is a holding company. Through its insurance subsidiaries, the Company provides workers’ compensation insurance coverage to select, small businesses in low to medium hazard industries. The Firm provides workers’ compensation insurance under a statutory system wherein employers are required to provide coverage for their employees’ medical, disability, vocational rehabilitation, and/or death benefit costs for work-related injuries or illnesses. The Firm provides workers’ compensation insurance in approximately 30 states and the District of Columbia, with a concentration in California. The Firm invests in fixed maturity securities, equity securities and cash equivalents. The Company’s insurance subsidiaries include Employers Insurance Company of Nevada (EICN), Employers Compensation Insurance Company (ECIC), Employers Preferred Insurance Company (EPIC) and Employers Assurance Company (EAC).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment