Tiptree Financial Inc. (TIPT) To Go Ex-Dividend on November 17th

Tiptree Financial Inc. (NASDAQ:TIPT) declared a quarterly dividend on Thursday, November 2nd, NASDAQ reports. Stockholders of record on Monday, November 20th will be paid a dividend of 0.03 per share by the financial services provider on Monday, November 27th. This represents a $0.12 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Friday, November 17th.

Shares of Tiptree Financial (TIPT) opened at $6.20 on Thursday. The firm has a market capitalization of $234.70, a price-to-earnings ratio of 310.00 and a beta of -0.42. Tiptree Financial has a twelve month low of $5.70 and a twelve month high of $7.60.

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A number of equities analysts have recently weighed in on TIPT shares. BidaskClub downgraded Tiptree Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, August 16th. TheStreet cut shares of Tiptree Financial from a “c” rating to a “d+” rating in a report on Friday, August 18th.

An institutional investor recently raised its position in Tiptree Financial stock. State Street Corp raised its stake in Tiptree Financial Inc. (NASDAQ:TIPT) by 5.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 397,363 shares of the financial services provider’s stock after buying an additional 21,556 shares during the period. State Street Corp owned about 1.37% of Tiptree Financial worth $2,801,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 45.33% of the stock is currently owned by hedge funds and other institutional investors.

Tiptree Financial Company Profile

Tiptree Inc, formerly Tiptree Financial Inc, is a diversified holding company that acquires and manages controlling interests of operating businesses. The Company conducts its operations through Tiptree Operating Company, LLC (the Operating Company). It operates through four segments: specialty insurance, asset management, senior living and specialty finance.

Dividend History for Tiptree Financial (NASDAQ:TIPT)

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