Bread Financial Holdings, Inc. (BFH) To Go Ex-Dividend on February 27th

Bread Financial Holdings, Inc. (NYSE:BFH) announced a quarterly dividend on Thursday, January 29th. Stockholders of record on Friday, February 27th will be given a dividend of 0.23 per share on Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, February 27th.

Bread Financial has decreased its dividend payment by an average of 0.1%per year over the last three years. Bread Financial has a payout ratio of 10.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Bread Financial to earn $8.87 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 10.4%.

Bread Financial Price Performance

BFH opened at $71.64 on Wednesday. The stock’s 50 day moving average price is $74.41 and its 200-day moving average price is $67.22. Bread Financial has a 52-week low of $38.21 and a 52-week high of $82.03. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.17 and a current ratio of 1.17. The stock has a market capitalization of $3.09 billion, a PE ratio of 6.61, a price-to-earnings-growth ratio of 0.45 and a beta of 1.26.

Bread Financial (NYSE:BFH) last posted its quarterly earnings data on Thursday, January 29th. The company reported $2.07 EPS for the quarter, topping the consensus estimate of $0.40 by $1.67. The business had revenue of $975.00 million for the quarter, compared to analyst estimates of $954.74 million. Bread Financial had a net margin of 11.02% and a return on equity of 17.92%. During the same quarter in the previous year, the firm posted $0.41 earnings per share. On average, equities research analysts predict that Bread Financial will post 6.45 EPS for the current year.

About Bread Financial

Bread Financial, formerly known as Alliance Data Systems, is a Columbus, Ohio–based financial services company that specializes in providing private label credit programs, co-brand credit cards and digital payment solutions for retail partners. The company designs, issues and services proprietary credit products, enabling merchants to offer branded financing options that drive customer loyalty and increase basket sizes at the point of sale. Through its Bread technology platform, Bread Financial delivers installment-based payment options that integrate directly into e-commerce and in-store checkout experiences.

In addition to its core credit offerings, Bread Financial provides analytics, marketing and loyalty services to help merchants better understand consumer behavior and optimize promotional strategies.