Ebix, Inc. ($EBIX) Will Trade Ex-Dividend Tomorrow, September 1, 2020

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Ebix, Inc. (NASDAQ:EBIX) will begin trading ex-dividend on September 1, 2020. The quarterly dividend payment of $ 0.075 per share is scheduled to be paid on September 16, 2020. The dividend yield based on the latest trading day closing price was 1.21 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..

Dividends History
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Click Here For More Historical Dividends Of Ebix, Inc.

Ebix, Inc. recently reported second quarter financial results on August 7, 2020, before market open, the Johns Creek based company came out with income for the second quarter of $ 0.88 per share, from the revenue of $ 111.31 million. The quarterly earnings contracted 6.38 percent while revenues reduced 22.85 percent compared with the same quarter last year.
According to street consensus, EBIX was expected to report 2Q20 income of $ 0.38 per share from revenue of $ 110.95 million. The bottom line results beat street analysts by $ 0.5 or 131.58 percent, at the same time, top line results outshined analysts by $ 0.36 million or 0.32 percent.

Stock Performance

Shares of Ebix, Inc. traded up $ 1.57 or 6.77 percent on Friday, reaching $ 24.75 with volume of 351.40 thousand shares. Ebix, Inc. has traded high as $ 24.91 and has cracked $ 23.08 on the downward trend

According to the previous trading day, closing price of $ 24.75, representing a 164.91 % increase from the 52 week low of $ 8.75 and a 49.74 % decrease over the 52 week high of $ 46.12.

The company has a market capital of $ 765.09 million and is part of the Technology sector and Software – Application industry.

Ebix, Inc. provides software and e-commerce solutions to insurance, finance, healthcare, and e-learning industries. It offers software development, customization, and consulting services to various entities in the insurance industry, including carriers, brokers, exchanges, and standard making bodies.