S&P Global Inc. (SPGI) to Issue Quarterly Dividend of $0.97 on December 10th

S&P Global Inc. (NYSE:SPGI) announced a quarterly dividend on Tuesday, September 29th. Stockholders of record on Wednesday, November 25th will be paid a dividend of $0.97 per share by the business services provider on Thursday, December 10th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, November 25th.

S&P Global has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 53 consecutive years. S&P Global has a dividend payout ratio of 20.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect S&P Global to earn $20.06 per share next year, which means the company should continue to be able to cover its $3.88 annual dividend with an expected future payout ratio of 19.3%.

S&P Global Stock Performance

S&P Global stock opened at $395.39 on Thursday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $116.56 billion, a P/E ratio of 24.14, a PEG ratio of 1.89 and a beta of 1.07. The stock’s 50 day moving average is $418.97 and its 200 day moving average is $422.75. S&P Global has a twelve month low of $381.61 and a twelve month high of $552.25.

S&P Global (NYSE:SPGI) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 earnings per share for the quarter, beating analysts’ consensus estimates of $4.81 by $0.02. The company had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.09 billion. S&P Global had a return on equity of 17.74% and a net margin of 31.37%.The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the company earned $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, equities research analysts predict that S&P Global will post 17.75 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on SPGI shares. Weiss Ratings restated a “hold (c)” rating on shares of S&P Global in a report on Monday, July 6th. Barclays dropped their price target on shares of S&P Global from $555.00 to $553.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. Wall Street Zen raised shares of S&P Global to a “hold” rating in a research report on Saturday, September 5th. Zacks Research upgraded shares of S&P Global from a “strong sell” rating to a “hold” rating in a research note on Monday, September 14th. Finally, UBS Group decreased their target price on shares of S&P Global from $550.00 to $525.00 and set a “buy” rating for the company in a report on Tuesday, July 7th. Eighteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $523.59.

S&P Global Company Profile

S&P Global Inc (NYSE: SPGI) is a global provider of financial information, analytics, benchmarks and credit ratings. The company serves financial institutions, corporations, governments and other organizations by helping them assess credit risk, evaluate markets, manage portfolios, analyze supply chains and make business decisions.

Its principal businesses include S&P Global Ratings, which provides credit ratings, research and related analytical services; S&P Global Market Intelligence, which delivers financial and industry data, research and workflow solutions; and S&P Global Commodity Insights, which supplies pricing information, market analysis and intelligence for energy and commodities markets.