Dun & Bradstreet Corp (NYSE:DNB) announced a quarterly dividend on Monday, February 12th, RTT News reports. Investors of record on Thursday, February 22nd will be given a dividend of 0.5225 per share by the business services provider on Friday, March 9th. This represents a $2.09 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend is Wednesday, February 21st. This is a boost from Dun & Bradstreet’s previous quarterly dividend of $0.50.
Dun & Bradstreet has raised its dividend payment by an average of 4.5% per year over the last three years and has raised its dividend every year for the last 11 years. Dun & Bradstreet has a payout ratio of 28.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Dun & Bradstreet to earn $8.36 per share next year, which means the company should continue to be able to cover its $2.01 annual dividend with an expected future payout ratio of 24.0%.
Dun & Bradstreet (NYSE DNB) traded down $1.05 during midday trading on Tuesday, reaching $120.11. The company’s stock had a trading volume of 37,165 shares, compared to its average volume of 369,012. Dun & Bradstreet has a 12 month low of $101.17 and a 12 month high of $125.32. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of -1.93. The firm has a market capitalization of $4,478.04, a P/E ratio of 31.65, a price-to-earnings-growth ratio of 3.03 and a beta of 1.27.
Dun & Bradstreet (NYSE:DNB) last posted its earnings results on Monday, February 12th. The business services provider reported $3.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.04 by $0.18. Dun & Bradstreet had a net margin of 8.09% and a negative return on equity of 29.86%. The company had revenue of $528.30 million during the quarter, compared to analysts’ expectations of $535.82 million. During the same quarter in the previous year, the company posted $2.99 earnings per share. Dun & Bradstreet’s quarterly revenue was up 2.2% compared to the same quarter last year. equities analysts expect that Dun & Bradstreet will post 8 EPS for the current year.
Several brokerages have commented on DNB. Barclays upgraded shares of Dun & Bradstreet from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $105.00 to $125.00 in a research report on Monday, November 13th. Zacks Investment Research lowered shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Robert W. Baird cut their price target on shares of Dun & Bradstreet from $130.00 to $127.00 and set an “outperform” rating on the stock in a research report on Friday, November 3rd. William Blair reaffirmed a “market perform” rating on shares of Dun & Bradstreet in a report on Tuesday, February 13th. Finally, Goldman Sachs Group started coverage on shares of Dun & Bradstreet in a report on Wednesday, November 8th. They issued a “neutral” rating and a $125.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Dun & Bradstreet presently has an average rating of “Buy” and a consensus price target of $129.80.
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Dun & Bradstreet Company Profile
The Dun & Bradstreet Corporation is the source of commercial data, analytics and insight on businesses. The Company operates through two segments: Americas, which consists of its operations in the United States and Canada, and Non-Americas, which consists of its operations in the United Kingdom, Greater China, India, and its European and Asia Pacific Worldwide Networks.
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