Fidelity & Guaranty Life(NYSE:FGL) Declares Dividend of $0.0650.

Fidelity & Guaranty Life (NYSE:FGL) had declared a cash dividend of $0.0650 on Aug 1, 2016. The shares will quote ex-dividend on Aug 18, 2016 and the record date has been fixed for Aug 22, 2016. On Aug 1, 2016 share price, the yield comes out to be 1.1781%. The dividend payable date has been fixed on Sep 6, 2016.

Fidelity & Guaranty Life (FGL) shares turned negative on Mondays trading session with the shares closing down -0.16 points or -0.71% at a volume of 97,022. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $22.66. The peak price level was also seen at $22.66 while the days lowest was $22.36. Finally the shares closed at $22.39. The 52-week high of the shares is $27.87 while the 52-week low is $21.42. According to the latest information available, the market cap of the company is $1,320 M.

Fidelity & Guaranty Life(FGL) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $233.00M. Analysts had an estimated revenue of $268.60M. Earnings per share were $0.73. Analysts had estimated an EPS of $0.56.

Several Insider Transactions has been reported to the SEC. On Mar 4, 2015, William P. Melchionni (director) sold 1,500 shares at $21.31 per share price.

Fidelity & Guaranty Life is a holding company. The Company offers various types of fixed annuities and life insurance products through its insurance subsidiaries: Fidelity & Guaranty Life Insurance Company (FGLIC) and Fidelity & Guaranty Life Insurance Company of New York (FGL NY Insurance). In addition the Company’s life insurance products provides its customers with a product that allows them to build on their savings and assign payment of a death benefit to a designated beneficiary upon the policyholder’s death. Its products are fixed indexed annuities (FIAs) which provide its customers with interest tied to the performance of the stock market. In addition to FIAs the Company also sells indexed universal life policies (IULs) and other fixed annuities. The Company offers its products through a network of approximately 200 independent insurance marketing organizations that in turn represent an estimated 20000 independent agents.

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