Fanhua Inc. (FANH) Declares $0.25 Quarterly Dividend; 4.3% Yield

Fanhua Inc. (NASDAQ: FANH) declared a quarterly dividend of $0.25 per share, or $1 annualized.

The dividend will be payable on April 3, 2019, to stockholders of record on March 21, 2019, with an ex-dividend date of March 20, 2019.

The annual yield on the dividend is 4.3 percent.

Mr. Chunlin Wang, Fanhua’s chairman and chief executive officer, stated, “The Board and management remain optimistic about the growth prospects of the life insurance market in China and Fanhua. Therefore, we believe that the Company’s stocks represent an attractive investment in the long run. We also believe that the Company’s solid cash position and strong operating cash flow will enable the Company to continuously maximize shareholders’ value through cash dividends and share repurchases while pursuing continued business growth opportunities.”

For a dividend history and other dividend-related data on Fanhua Inc. (FANH) click here.

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