Everest Group, Ltd. Plans Quarterly Dividend of $2.00 (NYSE:EG)

Everest Group, Ltd. (NYSE:EG) announced a quarterly dividend on Wednesday, May 13th. Stockholders of record on Friday, June 12th will be paid a dividend of 2.00 per share on Friday, June 26th. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, June 12th.

Everest Group has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. Everest Group has a payout ratio of 13.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Everest Group to earn $59.96 per share next year, which means the company should continue to be able to cover its $8.00 annual dividend with an expected future payout ratio of 13.3%.

Everest Group Trading Down 1.1%

Shares of Everest Group stock opened at $347.78 on Thursday. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.23. The company has a fifty day simple moving average of $334.99 and a 200-day simple moving average of $329.55. The stock has a market cap of $13.76 billion, a price-to-earnings ratio of 7.07, a PEG ratio of 0.26 and a beta of 0.35. Everest Group has a 12-month low of $302.44 and a 12-month high of $368.29.

Everest Group (NYSE:EG) last announced its quarterly earnings results on Monday, March 23rd. The company reported $16.08 earnings per share for the quarter. Everest Group had a net margin of 11.76% and a return on equity of 14.70%. The firm had revenue of $4.07 billion during the quarter. On average, equities analysts forecast that Everest Group will post 52.71 EPS for the current fiscal year.

Everest Group Company Profile

Everest Group (NYSE:EG) is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.

With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.