PayPal Holdings, Inc. (PYPL) to Issue Quarterly Dividend of $0.14 on September 25th

PayPal Holdings, Inc. (NASDAQ:PYPL) declared a quarterly dividend on Monday, July 27th. Stockholders of record on Friday, September 4th will be paid a dividend of 0.14 per share by the credit services provider on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, September 4th.

PayPal Stock Down 0.5%

NASDAQ:PYPL opened at $52.40 on Wednesday. PayPal has a 1-year low of $38.46 and a 1-year high of $79.21. The company has a 50-day moving average of $54.30 and a 200 day moving average of $48.32. The firm has a market cap of $44.83 billion, a PE ratio of 9.91, a price-to-earnings-growth ratio of 1.28 and a beta of 1.29. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.29 and a quick ratio of 1.29.

PayPal (NASDAQ:PYPL) last issued its earnings results on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.10. PayPal had a net margin of 14.36% and a return on equity of 24.39%. The company had revenue of $8.68 billion for the quarter, compared to analysts’ expectations of $8.47 billion. During the same period in the prior year, the business earned $1.40 EPS. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. As a group, research analysts anticipate that PayPal will post 5.38 EPS for the current fiscal year.

PayPal Company Profile

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.