Fidelity National Financial, Inc. (NYSE:FNF – Get Free Report) declared a quarterly dividend on Wednesday, May 6th. Shareholders of record on Tuesday, June 16th will be given a dividend of 0.52 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Tuesday, June 16th.
Fidelity National Financial has raised its dividend payment by an average of 0.3%annually over the last three years and has increased its dividend every year for the last 1 years. Fidelity National Financial has a payout ratio of 31.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Fidelity National Financial to earn $6.02 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 34.6%.
Fidelity National Financial Stock Performance
FNF opened at $47.85 on Friday. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.50. The company has a market cap of $12.88 billion, a price-to-earnings ratio of 17.49, a PEG ratio of 0.69 and a beta of 0.96. Fidelity National Financial has a 52-week low of $42.78 and a 52-week high of $61.40. The firm’s fifty day simple moving average is $48.62 and its two-hundred day simple moving average is $51.79.
About Fidelity National Financial
Fidelity National Financial (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. The company underwrites title insurance policies that protect property owners and lenders against title defects, liens, and other encumbrances. Alongside its core title insurance operations, FNF offers escrow and closing services, e-recording solutions, and real estate data and analytics through a network of agents and underwriters.
FNF operates through two primary segments: Title Insurance and Specialty Insurance and Services.
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