S&P Global Inc. (NYSE:SPGI – Get Free Report) announced a quarterly dividend on Tuesday, May 19th. Stockholders of record on Friday, May 29th will be paid a dividend of 0.97 per share by the business services provider on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, May 29th.
S&P Global has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 53 consecutive years. S&P Global has a payout ratio of 20.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect S&P Global to earn $22.06 per share next year, which means the company should continue to be able to cover its $3.88 annual dividend with an expected future payout ratio of 17.6%.
S&P Global Stock Performance
Shares of S&P Global stock opened at $409.72 on Wednesday. The firm has a market cap of $121.28 billion, a PE ratio of 25.93, a price-to-earnings-growth ratio of 1.78 and a beta of 1.11. S&P Global has a 1 year low of $381.61 and a 1 year high of $579.05. The firm’s 50-day simple moving average is $426.41 and its 200-day simple moving average is $468.14. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68.
About S&P Global
S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.
S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.
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