PagSeguro Digital Ltd. (PAGS) To Go Ex-Dividend on April 22nd

PagSeguro Digital Ltd. (NYSE:PAGS) declared a quarterly dividend on Thursday, March 12th. Stockholders of record on Wednesday, April 22nd will be paid a dividend of 0.26 per share on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date is Wednesday, April 22nd.

PagSeguro Digital has a payout ratio of 69.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect PagSeguro Digital to earn $1.19 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 87.4%.

PagSeguro Digital Price Performance

NYSE PAGS opened at $11.26 on Monday. The firm’s 50-day moving average is $10.40 and its two-hundred day moving average is $10.07. PagSeguro Digital has a 12 month low of $7.74 and a 12 month high of $12.32. The stock has a market capitalization of $3.71 billion, a P/E ratio of 8.79, a PEG ratio of 0.46 and a beta of 1.42.

PagSeguro Digital (NYSE:PAGS) last posted its earnings results on Wednesday, March 4th. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. PagSeguro Digital had a net margin of 10.37% and a return on equity of 16.20%. The company had revenue of $991.79 million for the quarter, compared to analysts’ expectations of $1.03 billion. As a group, analysts anticipate that PagSeguro Digital will post 1.17 EPS for the current year.

PagSeguro Digital Company Profile

PagSeguro Digital Ltd. is a Brazil-based financial technology company that specializes in digital payment solutions for merchants and consumers. Through its online platform and a suite of physical point-of-sale devices, the company enables businesses of all sizes to accept credit and debit cards, process e-commerce transactions, and manage payments via QR codes and digital wallets. In addition to payment acceptance, PagSeguro offers prepaid accounts, funds transfers, and working-capital credit lines designed to support small and medium-sized enterprises.

The company’s product portfolio includes portable card readers, countertop terminals, and mobile point-of-sale devices that connect via Bluetooth or cellular networks.