Ebix, Inc. ( EBIX ) will begin trading ex-dividend on May 26, 2016. A cash dividend payment of $0.075 per share is scheduled to be paid on June 15, 2016. Shareholders who purchased EBIX prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that EBIX has paid the same dividend. At the current stock price of $46.04, the dividend yield is .65%.
The previous trading day's last sale of EBIX was $46.04, representing a -7.77% decrease from the 52 week high of $49.92 and a 132.76% increase over the 52 week low of $19.78.
EBIX is a part of the Technology sector, which includes companies such as Infosys Limited ( INFY ) and Automatic Data Processing, Inc. ( ADP ). EBIX's current earnings per share, an indicator of a company's profitability, is $2.45. Zacks Investment Research reports EBIX's forecasted earnings growth in 2016 as 16.67%, compared to an industry average of 7.4%.
Interested in gaining exposure to EBIX through an Exchange Traded Fund [ETF]?
The following ETF(s) have EBIX as a top-10 holding:
- PowerShares Zacks Micro Cap ( PZI ).
The top-performing ETF of this group is PZI with an decrease of -1.47% over the last 100 days. It also has the highest percent weighting of EBIX at 0.26%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.