XML 28 R16.htm IDEA: XBRL DOCUMENT v3.5.0.2
Stockholders Equity
9 Months Ended
Sep. 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.   On July 15, 2016 our Company paid a dividend of $0.09 per share on The Navigators Group, Inc. Common stock to Stockholders of record on June 20, 2016.  On September 30, 2016, our Company paid a dividend of $0.09 per share on The Navigators Group, Inc. Common stock to Stockholders of record on August 19, 2016.  

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, legal constraints and other factors the Board of Directors deems relevant.