TransUnion (NYSE:TRU) Declares Quarterly Dividend of $0.13

TransUnion (NYSE:TRU) declared a quarterly dividend on Thursday, February 12th. Shareholders of record on Thursday, February 26th will be paid a dividend of 0.125 per share by the business services provider on Friday, March 13th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, February 26th. This is a 8.7% increase from TransUnion’s previous quarterly dividend of $0.12.

TransUnion has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. TransUnion has a dividend payout ratio of 9.7% meaning its dividend is sufficiently covered by earnings. Analysts expect TransUnion to earn $4.81 per share next year, which means the company should continue to be able to cover its $0.46 annual dividend with an expected future payout ratio of 9.6%.

TransUnion Stock Down 1.6%

Shares of TRU stock traded down $1.18 during mid-day trading on Thursday, hitting $70.60. 6,003,803 shares of the stock traded hands, compared to its average volume of 2,897,993. TransUnion has a 52-week low of $65.24 and a 52-week high of $101.19. The stock has a market cap of $13.71 billion, a P/E ratio of 32.99, a P/E/G ratio of 1.39 and a beta of 1.70. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.01 and a quick ratio of 2.01. The stock’s fifty day moving average is $82.72 and its two-hundred day moving average is $84.51.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Stifel Nicolaus set a $103.00 target price on shares of TransUnion in a research report on Friday, October 24th. Robert W. Baird set a $125.00 target price on TransUnion in a research report on Friday, October 24th. BMO Capital Markets raised TransUnion to a “strong-buy” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. cut their price objective on TransUnion from $118.00 to $107.00 and set an “overweight” rating on the stock in a report on Friday, October 24th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $115.00 target price on shares of TransUnion in a research report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $101.08.

TransUnion Company Profile

TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.

The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.