Ebix Declares 7.5 Cent Quarterly Dividend, Payable June 16, 2020, to Shareholders of Record June 2, 2020
May 21 2020 - 7:45AM
Ebix, Inc., (NASDAQ: EBIX) a leading international supplier of
On-Demand software and E-commerce services to the insurance,
financial, healthcare and e-learning industries, today announced
that its Board of Directors has declared a regular quarterly
dividend of 7.5 cents per common share. The dividend is payable
June 16, 2020 to shareholders of record at the close of business on
June 2, 2020.
About Ebix, Inc.
With 50+ offices across 6 continents, Ebix, Inc., (NASDAQ: EBIX)
endeavors to provide On-Demand software and E-commerce services to
the insurance, financial, healthcare and e-learning industries. In
the Insurance sector, Ebix’s main focus is to develop and deploy a
wide variety of insurance and reinsurance exchanges on an on-demand
basis, while also, providing Software-as-a-Service ("SaaS")
enterprise solutions in the area of CRM, front-end & back-end
systems, outsourced administration and risk compliance services,
around the world.
With a "Phygital” strategy that combines 320,000 physical
distribution outlets in many Southeast Asian Nations (“ASEAN”)
countries, to an Omni-channel online digital platform, the
Company’s EbixCash Financial exchange portfolio encompasses
leadership in areas of domestic & international money
remittance, foreign exchange (Forex), travel, pre-paid & gift
cards, utility payments, lending, wealth management etc. in India
and other markets. EbixCash’s Forex operations have emerged as a
leader in India’s airport Foreign Exchange business with operations
in 32 international airports including Delhi, Mumbai, Bangalore,
Hyderabad, Chennai and Kolkata, conducting over $4.8 billion in
gross transaction value per year. EbixCash’s inward remittance
business in India conducts approx. $6.5 billion gross annual
remittance business, confirming its undisputed leadership position
in India. EbixCash, through its travel portfolio of Via and
Mercury, is also one of Southeast Asia’s leading travel exchanges
with over 2,200+ employees, 212,450+ agent network, 25 branches and
over 9,800 corporate clients; processing an estimated $2.5 billion
in gross merchandise value per year. For more information, visit
the Company’s website at www.ebix.com.
CONTACT:
Darren Joseph or Gautam Sharma678 -281-2027 or IR@ebix.com
David Collins or Chris EddyCatalyst Global - 212-924-9800 or
ebix@catalyst-ir.com
Ebix (NASDAQ:EBIX)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ebix (NASDAQ:EBIX)
Historical Stock Chart
From Jul 2023 to Jul 2024