RingCentral, Inc. (NYSE:RNG – Get Free Report) announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Thursday, August 6th will be given a dividend of 0.125 per share by the software maker on Thursday, August 20th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 6th. This is a 66.7% increase from RingCentral’s previous quarterly dividend of $0.07.
RingCentral Price Performance
Shares of RingCentral stock opened at $38.62 on Friday. The firm has a market cap of $3.24 billion, a P/E ratio of 41.08, a P/E/G ratio of 1.11 and a beta of 1.14. The firm has a 50 day simple moving average of $40.27 and a 200 day simple moving average of $36.70. RingCentral has a fifty-two week low of $23.59 and a fifty-two week high of $49.85.
RingCentral (NYSE:RNG – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The software maker reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.06. The firm had revenue of $657.01 million during the quarter, compared to analysts’ expectations of $650.53 million. RingCentral had a net margin of 3.31% and a negative return on equity of 33.75%. RingCentral’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.06 EPS. RingCentral has set its FY 2026 guidance at 4.960-5.100 EPS and its Q3 2026 guidance at 1.250-1.300 EPS. On average, sell-side analysts expect that RingCentral will post 2.78 EPS for the current year.
About RingCentral
RingCentral, Inc is a leading provider of cloud-based business communications and collaboration solutions. The company’s flagship platform delivers unified communications as a service (UCaaS), integrating voice over IP (VoIP) phone systems, video conferencing, team messaging and SMS into a single, cloud-native application. In addition to its UCaaS offering, RingCentral provides contact center as a service (CCaaS) capabilities, enabling organizations to manage customer interactions across voice, email, chat and social channels from a centralized dashboard.
Founded in 1999 and headquartered in Belmont, California, RingCentral went public on the New York Stock Exchange under the ticker RNG in 2013.
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