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Stockholders Equity
6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Stockholders' Equity

NOTE 8. STOCKHOLDERS’ EQUITY

 

On May 26, 2016, our Board of Directors declared its intention to pay a regular quarterly cash dividend on The Navigators Group, Inc. Common Stock of $0.09 per share, payable on July 15, 2016 to Stockholders of record on June 20, 2016.  This initial dividend was recorded in the Consolidated Balance Sheets as of June 30, 2016 and subsequently paid on July 15, 2016.  However, the declaration and amount of any future dividend will be at the discretion of the Board of Directors, and will depend upon many factors, including financial condition, results of operations, business requirements, regulatory and legal constraints and other factors the Board of Directors deems relevant.