EMC Insurance Group(NASDAQ:EMCI) Declares Dividend of $0.1900.

EMC Insurance Group (NASDAQ:EMCI) had declared a cash dividend of $0.1900 on Aug 18, 2016. The shares will quote ex-dividend on Aug 26, 2016 and the record date has been fixed for Aug 30, 2016. On Aug 18, 2016 share price, the yield comes out to be 2.7506%. The dividend payable date has been fixed on Sep 6, 2016.

EMC Insurance Group (EMCI) made into the market gainers list on Mondays trading session with the shares advancing 0.61% or 0.17 points. Due to strong positive momentum, the stock ended at $27.98, which is also near the day’s high of $28.0399. The stock began the session at $27.68 and the volume stood at 14,495 shares. The 52-week high of the shares is $29.01 and the 52 week low is $21.42. The company has a current market capitalization of $589 M and it has 2,10,57,731 shares in outstanding.

EMC Insurance Group(EMCI) last announced its earnings results on Aug 9, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $158.70M. Analysts had an estimated revenue of $157.90M. Earnings per share were $0.24. Analysts had estimated an EPS of $0.21.

Several Insider Transactions has been reported to the SEC. On Jun 15, 2016, Elizabeth A Nigut (Senior Vice President) sold 1,355 shares at $26.77 per share price.Also, On Jun 9, 2016, Lisa Anne Simonetta (Senior Vice President) sold 1,242 shares at $26.49 per share price.On Jun 6, 2016, Mark E Reese (Senior Vice President & CFO) sold 339 shares at $26.90 per share price, according to the Form-4 filing with the securities and exchange commission.

EMC Insurance Group Inc. (EMC Insurance Group) is an insurance holding company. The Company through its subsidiaries conducts operations in property and casualty insurance and reinsurance. The Company focuses on the sale of commercial lines of property and casualty insurance to small and medium-sized businesses. The Company markets its insurance products in 41 states in the United States. The majority of its business is marketed and generated in the Midwest. The Company conducts its business in two segments: Property and Casualty Insurance and Reinsurance segment. EMC Insurance Group is approximately 58% owned by Employers Mutual Casualty Company (Employers Mutual) a multiple-line property and casualty insurance company.

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