Diebold Nixdorf Inc (NYSE:DBD) announced a quarterly dividend on Thursday, February 1st, RTT News reports. Shareholders of record on Monday, February 26th will be paid a dividend of 0.10 per share by the technology company on Friday, March 16th. This represents a $0.40 annualized dividend and a yield of 2.68%. The ex-dividend date of this dividend is Friday, February 23rd.
Diebold Nixdorf has decreased its dividend by an average of 36.1% per year over the last three years. Diebold Nixdorf has a payout ratio of 36.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Diebold Nixdorf to earn $1.63 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 24.5%.
Shares of Diebold Nixdorf (NYSE DBD) opened at $14.90 on Thursday. The company has a market cap of $1,159.45, a price-to-earnings ratio of -4.82, a price-to-earnings-growth ratio of 4.40 and a beta of 2.07. Diebold Nixdorf has a one year low of $12.90 and a one year high of $31.85. The company has a quick ratio of 0.98, a current ratio of 1.39 and a debt-to-equity ratio of 3.53.
Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings results on Tuesday, February 13th. The technology company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.35 by $0.05. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.24 billion. Diebold Nixdorf had a negative net margin of 5.06% and a positive return on equity of 14.90%. The business’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.32 EPS. equities analysts forecast that Diebold Nixdorf will post 1.16 earnings per share for the current year.
In other Diebold Nixdorf news, Director Gale S. Fitzgerald bought 4,000 shares of the firm’s stock in a transaction dated Friday, December 15th. The shares were purchased at an average cost of $16.74 per share, for a total transaction of $66,960.00. Following the transaction, the director now owns 51,603 shares of the company’s stock, valued at $863,834.22. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.37% of the stock is currently owned by corporate insiders.
Several analysts have commented on the stock. Credit Suisse Group reiterated an “outperform” rating and issued a $19.00 price target (down previously from $25.00) on shares of Diebold Nixdorf in a research note on Wednesday, February 14th. JPMorgan Chase & Co. decreased their target price on shares of Diebold Nixdorf from $21.00 to $19.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 14th. DA Davidson started coverage on shares of Diebold Nixdorf in a research report on Wednesday, February 7th. They set a “neutral” rating and a $19.00 target price on the stock. Lake Street Capital upgraded shares of Diebold Nixdorf from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a research report on Tuesday, February 13th. Finally, Zacks Investment Research upgraded shares of Diebold Nixdorf from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $20.80.
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About Diebold Nixdorf
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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