Diebold, Incorporated (NYSE:DBD) announced a quarterly dividend on Wednesday, October 18th, RTT News reports. Stockholders of record on Friday, November 17th will be given a dividend of 0.10 per share by the technology company on Friday, December 8th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date is Thursday, November 16th.
Diebold, has decreased its dividend payment by an average of 5.8% annually over the last three years. Diebold, has a payout ratio of 42.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Diebold, to earn $1.58 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 25.3%.
Shares of Diebold, (NYSE DBD) opened at 19.60 on Friday. The company’s market cap is $1.48 billion. Diebold, has a 12-month low of $17.95 and a 12-month high of $31.85. The stock’s 50 day moving average price is $21.84 and its 200-day moving average price is $24.04.
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DBD has been the topic of a number of research reports. Zacks Investment Research downgraded shares of Diebold, from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Imperial Capital set a $24.00 price target on shares of Diebold, and gave the company a “hold” rating in a research note on Tuesday, October 17th. J P Morgan Chase & Co lowered shares of Diebold, from an “overweight” rating to a “neutral” rating and set a $31.00 price target for the company. in a research note on Tuesday, August 8th. Credit Suisse Group restated an “outperform” rating on shares of Diebold, in a research note on Tuesday, September 5th. Finally, BidaskClub lowered shares of Diebold, from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $30.25.
In other Diebold, news, Director Gale S. Fitzgerald acquired 5,000 shares of the company’s stock in a transaction on Wednesday, August 23rd. The shares were acquired at an average cost of $18.14 per share, with a total value of $90,700.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Henry D. G. Wallace acquired 10,000 shares of the company’s stock in a transaction on Monday, August 21st. The shares were acquired at an average cost of $19.08 per share, for a total transaction of $190,800.00. The disclosure for this purchase can be found here. 1.37% of the stock is currently owned by insiders.
Diebold, Company Profile
Diebold Nixdorf, Incorporated provides connected commerce services, software and technology. The Company’s geographic segments include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). These segments sell and service financial self-service (FSS), retail solutions and security systems.
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