Fanhua Inc (fanh) to Issue $0.11 Annual Dividend
Fanhua Inc (NASDAQ:fanh) declared an annual dividend on Thursday, April 20th. Investors of record on Monday, May 8th will be paid a dividend of 0.105 per share by the financial services provider on Thursday, May 18th. The ex-dividend date is Thursday, May 4th.
Shares of Fanhua (NASDAQ:FANH) traded down 0.404% on Friday, reaching $8.635. The company had a trading volume of 12,075 shares. The firm’s 50 day moving average is $8.78 and its 200 day moving average is $8.64. The firm has a market capitalization of $502.75 million, a PE ratio of 22.905 and a beta of 0.59. Fanhua has a 12 month low of $6.19 and a 12 month high of $10.35.
Fanhua (NASDAQ:FANH) last released its quarterly earnings results on Monday, March 6th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter. Fanhua had a return on equity of 4.04% and a net margin of 3.42%. The firm had revenue of $221.01 million for the quarter. On average, equities research analysts expect that Fanhua will post $0.80 earnings per share for the current fiscal year.
An institutional investor recently raised its position in Fanhua stock. State Street Corp increased its position in Fanhua Inc (NASDAQ:FANH) by 7.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,583 shares of the financial services provider’s stock after buying an additional 5,432 shares during the period. State Street Corp owned 0.14% of Fanhua worth $659,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 9.42% of the company’s stock.
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Fanhua Company Profile
Fanhua Inc, formerly CNinsure Inc, is an independent online-to-offline financial services provider in China. The Company distributes a range of property, casualty and life insurance products underwritten by domestic and foreign insurance companies operating in China to individual and institutional customers, and provides insurance claims adjusting services.
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