Lancashire (LON:LRE) Hits New 12-Month Low – Here’s What Happened

Lancashire Holdings Limited (LON:LRE)’s stock price reached a new 52-week low on Thursday . The stock traded as low as GBX 556 ($7.23) and last traded at GBX 557 ($7.25), with a volume of 686679 shares changing hands. The stock had previously closed at GBX 566 ($7.36).

Lancashire Stock Performance

The company’s 50-day moving average price is GBX 616.77 and its two-hundred day moving average price is GBX 643.41. The company has a market cap of £1.68 billion, a P/E ratio of 10.63, a price-to-earnings-growth ratio of 0.21 and a beta of 0.62. The company has a current ratio of 33.62, a quick ratio of 1.18 and a debt-to-equity ratio of 31.26.

Lancashire Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Thursday, March 20th will be paid a GBX 5 ($0.07) dividend. This is an increase from Lancashire’s previous dividend of $0.15. The ex-dividend date is Thursday, March 20th. This represents a dividend yield of 1.05%. Lancashire’s dividend payout ratio (DPR) is presently 34.29%.

About Lancashire

Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, Australia, and the United States. The company operates through two segments, Reinsurance and Insurance. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products.