Eye Catching Stock: EMC Insurance Group Inc. (NASDAQ:EMCI) reveals quarterly cash dividend of $0.23 per share

EMC Insurance Group Inc. (NASDAQ:EMCI) changed 0.19% to recent value of $36.1. The stock transacted 9386 shares during most recent day however it has an average volume of 22.76K shares. It spotted trading -0.39% off 52-week high price. On the other end, the stock has been noted 57.09% away from the low price over the last 52-weeks.

On May 22, 2019, the board of directors of EMC Insurance Group Inc. (NASDAQ:EMCI) declared a quarterly cash dividend of $0.23 per share of common stock payable June 11, 2019, to stockholders of record as of June 4, 2019. The Company has declared a quarterly dividend since becoming a publicly held company in February 1982, and has never reduced its dividend.

About EMCI

EMC Insurance Group Inc. is a publicly held insurance holding company with operations in property and casualty insurance and reinsurance, which was formed in 1974 and became publicly held in 1982. The Company’s common stock trades on the Global Select Market tier of the Nasdaq Stock Market under the symbol EMCI. EMCI’s parent company is Employers Mutual Casualty Company (Employers Mutual). EMCI and Employers Mutual, together with their subsidiary and affiliated companies, conduct operations under the trade name EMC Insurance Companies.

 EMCI has an operating margin of 4.10% while its profit margin remained 3.70% for the last 12 months. Its earnings per share (EPS) expected to touch remained -124.50% for this year while earning per share for the next 5-years is expected to reach at 5.00%.

 The company has 21.69M of outstanding shares and 19.92M shares were floated in the market. The price moved ahead of 5.07% from the mean of 20 days, 9.72% from mean of 50 days SMA and performed 21.96% from mean of 200 days price. Company’s performance for the week was 0.25%, 13.49% for month and YTD performance remained 13.34%.

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