Booking Holdings Inc. (BKNG) To Go Ex-Dividend on June 5th

Booking Holdings Inc. (NASDAQ:BKNG) announced a quarterly dividend on Sunday, April 26th. Stockholders of record on Friday, June 5th will be given a dividend of 0.42 per share by the business services provider on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, June 5th.

Booking has a payout ratio of 0.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Booking to earn $12.35 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 13.6%.

Booking Price Performance

Shares of BKNG stock opened at $167.21 on Wednesday. The business’s fifty day moving average price is $170.33 and its 200 day moving average price is $186.11. The firm has a market capitalization of $129.57 billion, a PE ratio of 21.99, a P/E/G ratio of 1.01 and a beta of 1.08. Booking has a 1-year low of $150.14 and a 1-year high of $233.58.

Booking (NASDAQ:BKNG) last issued its earnings results on Tuesday, April 28th. The business services provider reported $1.14 EPS for the quarter, topping the consensus estimate of $1.08 by $0.06. Booking had a net margin of 22.23% and a negative return on equity of 117.14%. The company had revenue of $5.53 billion for the quarter, compared to analyst estimates of $5.52 billion. During the same period in the previous year, the firm earned $0.99 EPS. The business’s revenue was up 16.2% on a year-over-year basis. Equities research analysts expect that Booking will post 10.44 earnings per share for the current fiscal year.

About Booking

Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company’s businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.

Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.