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.
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.
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.
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