Dividend Report: Dec 15, 2016 is the day that Ebix, Inc. (NASDAQ:EBIX) claims $0.08 dividends could be paid.

Dividend Report: Dec 15, 2016 is the day that Ebix, Inc. (NASDAQ:EBIX) claims $0.08 dividends could be paid.

Ebix, Inc. (NASDAQ:EBIX) is expected to pay $0.08 on Dec 15, 2016. The indicated annual dividend is $0.30. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Ebix, Inc.’s current price of $62.20, the dividend is 0.12%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 11, 2016. The stock increased 0.48% or $0.3 on November 25, hitting $62.2. About 100,769 shares traded hands. Ebix Inc (NASDAQ:EBIX) has risen 27.28% since April 25, 2016 and is uptrending. It has outperformed by 21.26% the S&P500.

Ebix, Inc. is a supplier of software and e-commerce solutions to the insurance industry. The company has a market cap of $2.03 billion. Ebix provides application software products for the insurance industry, including carrier systems, agency systems and exchanges, as well as custom software development. It has a 22.65 P/E ratio. Ebix conducts its activities through four channels, which include Exchanges, Carrier Systems, Broker Systems and Risk Compliance Solutions (RCS).

Insitutional Activity: The institutional sentiment increased to 0.88 in 2016 Q2. Its up 0.07, from 0.81 in 2016Q1. The ratio increased, as 12 funds sold all Ebix Inc shares owned while 66 reduced positions. 25 funds bought stakes while 38 increased positions. They now own 22.00 million shares or 2.12% more from 21.55 million shares in 2016Q1.
Next Fincl Grp Inc Inc last reported 200 shares in the company. Mckinley Mngmt Limited Liability Co Delaware accumulated 0.17% or 72,121 shares. Thrivent For Lutherans reported 12,310 shares or 0% of all its holdings. Lpl Fincl Llc has 4,691 shares for 0% of their US portfolio. Palo Cap Inc holds 0.14% or 8,428 shares in its portfolio. Susquehanna Int Gru Llp holds 0% of its portfolio in Ebix Inc (NASDAQ:EBIX) for 4,700 shares. Catalyst Advsr Ltd Liability last reported 12,000 shares in the company. Wells Fargo & Mn, a California-based fund reported 34,243 shares. Millrace Asset Group accumulated 2.19% or 28,000 shares. Parametric Port Ltd Co has invested 0.01% of its portfolio in Ebix Inc (NASDAQ:EBIX). Hussman Strategic Advsr has 175,000 shares for 1.28% of their US portfolio. The California-based Blackrock Institutional Trust Com Na has invested 0% in Ebix Inc (NASDAQ:EBIX). Comml Bank Of Montreal Can, a Ontario – Canada-based fund reported 2,650 shares. Pnc Fin Serv Group holds 0% of its portfolio in Ebix Inc (NASDAQ:EBIX) for 163 shares. American Intl Grp holds 0% of its portfolio in Ebix Inc (NASDAQ:EBIX) for 18,820 shares.

Insider Transactions: Since May 31, 2016, the stock had 0 buys, and 1 insider sale for $69,347 net activity. $69,347 worth of Ebix Inc (NASDAQ:EBIX) was sold by Kerris Robert F on Friday, November 11. $167,585 worth of Ebix Inc (NASDAQ:EBIX) shares were sold by Keller Hans Ueli.

More notable recent Ebix Inc (NASDAQ:EBIX) news were published by: Forbes.com which released: “EBIX Inc. – A Long-Term Winner” on May 27, 2016, also Nasdaq.com with their article: “Ebix, Inc. (EBIX) Ex-Dividend Date Scheduled for November 28, 2016” published on November 25, 2016, Forbes.com published: “Noteworthy Monday Option Activity: EBIX, COP, XOM” on November 21, 2016. More interesting news about Ebix Inc (NASDAQ:EBIX) were released by: Fool.com and their article: “Ebix Inc. and Infosys Ltd. Soar as Stocks Drop” published on April 15, 2016 as well as Fool.com‘s news article titled: “Why Ebix Inc. Stock Gained 18% in April” with publication date: May 13, 2016.

EBIX Company Profile

Ebix, Inc. (Ebix), incorporated on December 29, 2003, is a supplier of software and e-commerce solutions to the insurance, finance and healthcare industries. The Firm provides application software products for the insurance industry, including carrier systems, agency systems and exchanges, as well as custom software development. The Firm conducts its activities through four channels, which include Exchanges, Carrier Systems, Broker Systems and Risk Compliance Solutions (RCS). Ebix operates data exchanges in the areas of life insurance, annuities, employee health benefits, risk management, workers compensation, and property and casualty (P&C) insurance. Ebix’s focus in the area of broker systems is on designing and deploying back-end systems for international P&C insurance brokers across the world. Ebix’s focus in the area of carrier systems is on designing and deploying on-demand and back-end systems for P&C insurance companies. Ebix focus in RCS channel pertains to business process outsourcing services that include providing domain intensive project management, time and material consulting to clients across the world, and claims adjudication/settlement services, in addition to the creation and tracking of certificates of insurance issued in the United States and Australian markets. Ebix also provides software development, customization and consulting services to various entities in the insurance industry, including carriers, brokers, exchanges and standard making bodies.

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