Waterdrop Inc. (NYSE:WDH) to Issue Quarterly Dividend of $0.02

Waterdrop Inc. (NYSE:WDH) declared a quarterly dividend on Wednesday, March 12th, RTT News reports. Investors of record on Friday, April 11th will be given a dividend of 0.02 per share on Wednesday, April 30th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 6.08%.

Waterdrop Price Performance

Shares of WDH traded up $0.10 during midday trading on Wednesday, reaching $1.32. 349,961 shares of the stock were exchanged, compared to its average volume of 269,537. Waterdrop has a twelve month low of $0.97 and a twelve month high of $1.53. The company has a market capitalization of $486.76 million, a price-to-earnings ratio of 10.97 and a beta of -0.26. The business’s 50-day moving average price is $1.23 and its 200 day moving average price is $1.17.

Waterdrop (NYSE:WDH) last issued its quarterly earnings data on Wednesday, March 12th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.17). Waterdrop had a net margin of 11.69% and a return on equity of 7.02%.

About Waterdrop

Waterdrop Inc, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services.