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Tower Group, Inc. (TWGP) Ex-Dividend Date Scheduled for December 06, 2012

Posted
12/4/2012 9:00:00 AM
By: NASDAQ.com News
Referenced Stocks:AIG;TRV;TWGP

Tower Group, Inc. ( TWGP ) has announced an ex-dividend date of December 06, 2012 and a cash dividend payment of $0.1875 per share scheduled for December 21, 2012. Shareholders who purchased TWGP stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that TWGP has paid the same dividend. At the current stock price of $17.07, the dividend yield is 4.39%.

The previous trading day's last sale of TWGP was $17.07, representing a -28.47% decrease from the 52 week high of $23.86 and a 3.44% increase over the 52 week low of $16.50.

TWGP is a part of the Finance sector, which includes companies such as American International Group, Inc. ( AIG ) and The Travelers Companies, Inc. ( TRV ). TWGP's current earnings per share, an indicator of a company's profitability, is $1.36. Zacks Investment Research reports TWGP's forecasted earnings growth in 2012 as -120.15%, compared to an industry average of 11.5%.

For more information on the declaration, record and payment dates, visit the TWGP Dividend History page.