Fidelis Insurance Holdings Limited (FIHL) To Go Ex-Dividend on June 15th

Fidelis Insurance Holdings Limited (NYSE:FIHL) announced a quarterly dividend on Thursday, May 7th. Investors of record on Monday, June 15th will be paid a dividend of 0.15 per share on Friday, June 26th. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Monday, June 15th.

Fidelis Insurance has a dividend payout ratio of 16.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Fidelis Insurance to earn $4.15 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 14.5%.

Fidelis Insurance Stock Performance

Shares of Fidelis Insurance stock opened at $23.65 on Friday. The firm has a market capitalization of $2.29 billion, a price-to-earnings ratio of 10.70 and a beta of 0.36. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.74 and a quick ratio of 0.74. Fidelis Insurance has a one year low of $14.80 and a one year high of $21.50. The business has a 50-day simple moving average of $21.31 and a 200 day simple moving average of $19.87.

Fidelis Insurance (NYSE:FIHL) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $0.94 EPS for the quarter. The firm had revenue of $610.60 million during the quarter. Fidelis Insurance had a return on equity of 8.62% and a net margin of 9.02%. On average, research analysts anticipate that Fidelis Insurance will post 3.19 earnings per share for the current fiscal year.

Fidelis Insurance announced that its Board of Directors has approved a share repurchase program on Friday, February 20th that authorizes the company to buyback $400.00 million in shares. This buyback authorization authorizes the company to purchase up to 18% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

About Fidelis Insurance

Fidelis Insurance Holdings Ltd is a Bermuda‐incorporated specialty insurer and reinsurer that underwrites a broad range of liability and property risks. Founded in 2015, the company completed its initial public offering on the New York Stock Exchange in 2016 under the ticker FIHL. Fidelis focuses on providing tailored solutions for complex risks that traditional insurers may find difficult to accommodate, leveraging data analytics and underwriting expertise to structure policies across diverse industry segments.

The company’s product portfolio spans casualty lines—including general liability, excess and umbrella, professional indemnity, and management liability—alongside property, marine, energy and specialty programs.