Accenture PLC (NYSE:ACN – Get Free Report) declared a quarterly dividend on Wednesday, June 17th. Shareholders of record on Thursday, July 9th will be paid a dividend of 1.63 per share by the information technology services provider on Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Thursday, July 9th.
Accenture has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 20 years. Accenture has a payout ratio of 47.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Accenture to earn $14.91 per share next year, which means the company should continue to be able to cover its $6.52 annual dividend with an expected future payout ratio of 43.7%.
Accenture Trading Down 1.0%
NYSE:ACN traded down $1.23 on Friday, hitting $126.75. 41,695,888 shares of the stock were exchanged, compared to its average volume of 4,768,159. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.34 and a current ratio of 1.34. Accenture has a 52 week low of $125.60 and a 52 week high of $307.77. The stock has a market capitalization of $84.34 billion, a price-to-earnings ratio of 10.38, a P/E/G ratio of 1.48 and a beta of 1.08. The company’s 50-day moving average price is $178.10 and its 200 day moving average price is $219.00.
Accenture Company Profile
Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.
The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.
Further Reading
- Five stocks we like better than Accenture
- Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
- Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
- Why Kroger’s Pullback Could Be a Gift for Patient Investors
- Why Palantir’s Google Cloud Deal Could Change the Debate
Receive News & Ratings for Accenture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accenture and related companies with MarketBeat.com's FREE daily email newsletter.
