Hiscox (LON:HSX) Stock Passes Above Two Hundred Day Moving Average - Here's Why

Hiscox Ltd (LON:HSX - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,103.97 ($14.65) and traded as high as GBX 1,165 ($15.46). Hiscox shares last traded at GBX 1,093 ($14.50), with a volume of 1,858,642 shares.

Hiscox Trading Up 1.8 %

The firm has a market cap of £4.86 billion, a PE ratio of 6.93, a P/E/G ratio of -2.30 and a beta of 0.65. The business has a fifty day moving average price of GBX 1,143.64 and a 200 day moving average price of GBX 1,104.03.

Hiscox Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, June 9th. Shareholders of record on Thursday, April 24th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 2.03%. This is a boost from Hiscox's previous dividend of $0.13. Hiscox's dividend payout ratio (DPR) is presently 18.41%.

About Hiscox

Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It offers commercial insurance for small-and medium-sized businesses; and personal lines cover, including high-value household, fine art, and luxury motor, as well as artwork, antiques, classic cars, jewelry, collectables, and other assets through brokers, partners, and direct-to-consumers.