S&P Global Inc. (NYSE:SPGI) to Issue $0.97 Quarterly Dividend

S&P Global Inc. (NYSE:SPGI) announced a quarterly dividend on Tuesday, May 19th. Shareholders 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 yield of 0.9%. The ex-dividend date is Friday, May 29th.

S&P Global has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 53 years. S&P Global has a payout ratio of 20.5% meaning its dividend is sufficiently covered by earnings. Research 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 Down 1.8%

Shares of SPGI stock opened at $409.72 on Wednesday. S&P Global has a 12 month low of $381.61 and a 12 month high of $579.05. The stock has a market cap of $121.28 billion, a P/E ratio of 25.93, a P/E/G ratio of 1.78 and a beta of 1.11. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.34. The company has a 50 day simple moving average of $426.41 and a two-hundred day simple moving average of $468.14.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. The business had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The firm’s revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the company earned $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, research analysts expect that S&P Global will post 19.59 earnings per share for the current year.

S&P Global Company Profile

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.