Abacus Life, Inc. (ABL) To Go Ex-Dividend on December 2nd

Abacus Life, Inc. (NASDAQ:ABL) announced an annual dividend on Thursday, November 6th. Stockholders of record on Tuesday, December 2nd will be given a dividend of 0.20 per share on Wednesday, December 17th. This represents a dividend yield of 310.0%. The ex-dividend date is Tuesday, December 2nd.

Abacus Life Stock Performance

NASDAQ:ABL opened at $6.64 on Friday. Abacus Life has a 12 month low of $4.60 and a 12 month high of $9.61. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a market capitalization of $648.57 million, a PE ratio of 82.94 and a beta of -0.02. The business’s fifty day moving average price is $5.89 and its 200 day moving average price is $6.14.

Abacus Life (NASDAQ:ABL) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. Abacus Life had a return on equity of 16.90% and a net margin of 5.62%.The company had revenue of $62.98 million during the quarter, compared to the consensus estimate of $47.42 million. On average, sell-side analysts anticipate that Abacus Life will post 0.62 earnings per share for the current fiscal year.

Abacus Life Company Profile

Abacus Life, Inc operates as an alternative asset manager specializing in life insurance products. It purchases life insurance policies from consumers seeking liquidity and manages policies over time via trading, holding, and/or servicing. The company was founded in 2004 and is based in Orlando, Florida.