Ebix Declares 7.5 Cent Quarterly Dividend, Payable June 16, 2022 to Shareholders of Record June 3, 2022
May 23 2022 - 7:30AM
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, 2022 to shareholders of record at the close of business on
June 3, 2022.
About Ebix, Inc.
With approximately 200 offices across 6
continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide
on-demand software and e-commerce services to the insurance,
financial services, travel, 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 using Software-as-a-Service ("SaaS") enterprise
solutions in the area of customer relationship management (CRM),
front-end and back-end systems, and outsourced administration and
risk compliance services.
With a "Phygital” strategy that combines over
650,000 physical distribution outlets in many Association of
Southeast Asian Nations (“ASEAN”) countries, to an Omni-channel
online digital platform, the Company’s EbixCash Financial exchange
portfolio of software and services encompasses domestic and
international money remittance, foreign exchange (Forex), travel,
pre-paid gift cards, utility payments, lending and wealth
management in India and other countries primarily in Asia and the
Middle East. EbixCash’s Forex operations is a leader in India’s
airport Forex business, with operations in 16 international
airports, including Delhi, Mumbai, Hyderabad, Chennai and Kolkata,
combined having conducted over $4.8 billion in gross transaction
value per year (pre-COVID-19). EbixCash’s inward remittance
business in India processed approximately $5 billion in gross
annual remittance volume (pre-COVID-19) and is the clear market
leader. EbixCash, through its travel portfolio of Via and Mercury,
is also one of Southeast Asia’s leading travel exchanges with over
500,000 agents and approximately 18,000 registered corporate
clients, combined having processed an estimated $2.5 billion in
gross merchandise value per annum (pre-COVID-19).
EbixCash's financial technologies business offers software
solutions at the enterprise level for banks, asset and wealth
management companies and trust companies within India, Southeast
Asia, the Middle East and Africa. The EbixCash's e-learning
solutions are provided to schools across the breadth of India via
high quality 2-D and 3-D animation and multimedia learning.
EbixCash's business process outsourcing services provide
information technology and call center services to a variety of
industries.
Through its various SaaS-based software platforms,
Ebix employs thousands of domain-specific technology professionals
to provide products, support and consultancy to thousands of
customers on six continents. For more information, visit the
Company’s website at www.ebix.com CONTACT:
Darren Joseph 678 -281-2027 or IR@ebix.com
David Collins or Chris Eddy Catalyst Global -
212-924-9800 or ebix@catalyst-ir.com
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