Fidelity National Financial, Inc. (FNF) To Go Ex-Dividend on September 16th

Fidelity National Financial, Inc. (NYSE:FNF) declared a quarterly dividend on Wednesday, August 5th. Investors of record on Wednesday, September 16th will be given a dividend of 0.52 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Wednesday, September 16th.

Fidelity National Financial has increased its dividend payment by an average of 0.3%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. Fidelity National Financial has a payout ratio of 31.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Fidelity National Financial to earn $5.93 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 35.1%.

Fidelity National Financial Price Performance

Shares of NYSE FNF opened at $44.18 on Monday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.26 and a quick ratio of 0.26. The company has a market cap of $11.85 billion, a price-to-earnings ratio of 15.60, a price-to-earnings-growth ratio of 0.65 and a beta of 0.93. The stock’s 50-day moving average is $48.92 and its two-hundred day moving average is $48.48. Fidelity National Financial has a 1-year low of $42.78 and a 1-year high of $60.97.

Fidelity National Financial (NYSE:FNF) last released its earnings results on Wednesday, August 5th. The financial services provider reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.08. Fidelity National Financial had a net margin of 5.03% and a return on equity of 16.07%. The firm had revenue of $4.05 billion for the quarter, compared to analyst estimates of $3.79 billion. During the same period in the prior year, the firm earned $1.16 earnings per share. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. Analysts forecast that Fidelity National Financial will post 5.18 EPS for the current fiscal year.

Fidelity National Financial Company Profile

Fidelity National Financial, Inc (NYSE:FNF) is a provider of title insurance, escrow and settlement services, and other title-related products in the United States. Through its Fidelity National Title Group businesses, the company helps protect property buyers, lenders and other parties against losses arising from defects in real estate titles and supports the closing of residential and commercial property transactions.

FNF’s title operations include well-known brands such as Fidelity National Title, Chicago Title, Commonwealth Land Title and Alamo Title.