Global Payments Inc. (GPN) to Issue Quarterly Dividend of $0.25 on December 26th

Global Payments Inc. (NYSE:GPN) declared a quarterly dividend on Tuesday, November 4th. Shareholders of record on Friday, December 12th will be given a dividend of 0.25 per share by the business services provider on Friday, December 26th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, December 12th.

Global Payments has increased its dividend by an average of 0.3%annually over the last three years. Global Payments has a dividend payout ratio of 7.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Global Payments to earn $13.49 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 7.4%.

Global Payments Trading Down 0.5%

NYSE:GPN opened at $77.50 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.85 and a quick ratio of 0.85. Global Payments has a one year low of $65.93 and a one year high of $117.56. The company has a market cap of $18.35 billion, a PE ratio of 10.88, a PEG ratio of 0.74 and a beta of 0.82. The firm has a 50-day moving average of $80.30 and a 200-day moving average of $81.52.

Global Payments (NYSE:GPN) last released its quarterly earnings results on Tuesday, November 4th. The business services provider reported $3.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.23 by $0.03. The business had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.41 billion. Global Payments had a return on equity of 12.66% and a net margin of 19.68%.During the same quarter in the previous year, the business earned $3.08 EPS. Global Payments has set its FY 2025 guidance at 6.600-6.666 EPS. As a group, equities research analysts expect that Global Payments will post 11.89 EPS for the current fiscal year.

About Global Payments

Global Payments Inc provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services.