S&P Global Inc (NYSE:SPGI) Plans Quarterly Dividend of $0.57

Share on StockTwits

S&P Global Inc (NYSE:SPGI) declared a quarterly dividend on Tuesday, November 5th, Zacks reports. Investors of record on Tuesday, November 26th will be given a dividend of 0.57 per share by the business services provider on Wednesday, December 11th. This represents a $2.28 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date is Monday, November 25th.

SPGI opened at $254.34 on Thursday. The firm has a market capitalization of $62.65 billion, a PE ratio of 29.92, a PEG ratio of 2.73 and a beta of 1.07. S&P Global has a twelve month low of $156.68 and a twelve month high of $269.57. The firm’s 50-day moving average price is $250.39 and its 200 day moving average price is $239.10. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 8.91.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Tuesday, October 29th. The business services provider reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.34 by $0.12. The firm had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.65 billion. S&P Global had a net margin of 32.22% and a return on equity of 448.14%. S&P Global’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the business posted $2.11 earnings per share. As a group, analysts predict that S&P Global will post 9.38 earnings per share for the current fiscal year.

SPGI has been the topic of a number of recent research reports. Raymond James boosted their price target on shares of S&P Global from $246.00 to $272.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. ValuEngine lowered shares of S&P Global from a “buy” rating to a “hold” rating in a report on Friday, September 27th. Stifel Nicolaus boosted their target price on shares of S&P Global from $231.00 to $274.00 and gave the company a “hold” rating in a report on Friday, August 2nd. BMO Capital Markets boosted their target price on shares of S&P Global to $266.00 in a report on Wednesday, October 30th. Finally, Atlantic Securities lowered shares of S&P Global from an “overweight” rating to a “neutral” rating and boosted their target price for the company from $220.00 to $260.00 in a report on Tuesday, August 6th. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $264.42.

In other news, CTO Nicholas Cafferillo sold 3,219 shares of the business’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $257.90, for a total value of $830,180.10. Following the sale, the chief technology officer now directly owns 2,707 shares of the company’s stock, valued at approximately $698,135.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Ewout L. Steenbergen sold 1,760 shares of the business’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $254.56, for a total transaction of $448,025.60. Following the completion of the sale, the chief financial officer now directly owns 8,534 shares in the company, valued at $2,172,415.04. The disclosure for this sale can be found here. Insiders sold a total of 11,986 shares of company stock worth $3,063,427 over the last three months. Insiders own 0.20% of the company’s stock.

About S&P Global

S&P Global Inc, together with its subsidiaries, provides ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. The company operates through four segments: S&P Global Ratings (Ratings), S&P Global Market Intelligence (Market Intelligence), S&P Global Platts (Platts), and S&P Dow Jones Indices (Indices).

Further Reading: Most Volatile Stocks – What Investors Need to Know to Maximize ROI

Dividend History for S&P Global (NYSE:SPGI)

Receive News & Ratings for S&P Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&P Global and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Amarin  PT Raised to $29.00
Amarin PT Raised to $29.00
JPMorgan Chase & Co. Lowers Axcella Health  Price Target to $11.00
JPMorgan Chase & Co. Lowers Axcella Health Price Target to $11.00
Analysts Expect Park-Ohio Holdings Corp.  Will Post Quarterly Sales of $404.67 Million
Analysts Expect Park-Ohio Holdings Corp. Will Post Quarterly Sales of $404.67 Million
Dicks Sporting Goods  Price Target Raised to $43.00 at UBS Group
Dicks Sporting Goods Price Target Raised to $43.00 at UBS Group
Walmart  PT Raised to $130.00 at Raymond James
Walmart PT Raised to $130.00 at Raymond James
Codemasters Group’s  “Buy” Rating Reiterated at Liberum Capital
Codemasters Group’s “Buy” Rating Reiterated at Liberum Capital


© 2006-2019 Ticker Report