Tiptree Inc. (NASDAQ:TIPT) will begin trading ex-dividend on November 20, 2020. The quarterly dividend payment of $ 0.04 per share is scheduled to be paid on November 30, 2020. The dividend yield based on the latest trading day closing price was 3.03 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 20, 2020.
Dividends History
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Tiptree Inc. recently reported third quarter financial results on November 4, 2020, after market close, the New York based company posted income for the third quarter of $ 0.35 per share, from the revenue of $ 224.04 million. The quarterly earnings while revenues increased 18.42 percent compared with the same quarter last year.
The consensus estimates are in revenue The bottom line results street analysts by $ 0.19 or , at the same time, top line results analysts by $ 1 million or .
Stock Performance
On Friday, shares of Tiptree Inc. has traded high as $ 5.34 and has cracked $ 5.19 on the downward trend, reaching $ 5.28 with volume of 74.60 thousand shares.
According to the previous trading day, closing price of $ 5.28, representing a 16.85 % increase from the 52 week low of $ 4.45 and a 37.35 % decrease over the 52 week high of $ 8.30.
The company has a market capital of $ 177.59 million and is part of the Financial Services sector and Insurance – Specialty industry.
Tiptree Inc., through its subsidiaries, underwrites and administers specialty insurance products primarily in the United States. The company provides credit protection insurance, warranty and service contract products, and niche commercial and consumer insurance programs, as well as offers value-add services, including premium finance and business processing services. It also engages in asset management operations; the provision of mortgage loans for institutional investors; and other investment activities.
