Invesco Ltd. (IVZ) To Go Ex-Dividend on February 13th

Invesco Ltd. (NYSE:IVZ) declared a quarterly dividend on Monday, January 26th. Stockholders of record on Friday, February 13th will be paid a dividend of 0.21 per share by the asset manager on Tuesday, March 3rd. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, February 13th.

Invesco has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 5 consecutive years. Invesco has a dividend payout ratio of 46.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Invesco to earn $2.07 per share next year, which means the company should continue to be able to cover its $0.84 annual dividend with an expected future payout ratio of 40.6%.

Invesco Stock Performance

Shares of Invesco stock opened at $27.32 on Wednesday. The business’s 50 day moving average price is $27.29 and its 200 day moving average price is $24.26. The company has a market cap of $12.16 billion, a price-to-earnings ratio of -17.08, a PEG ratio of 0.48 and a beta of 1.69. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.23 and a current ratio of 1.23. Invesco has a one year low of $11.60 and a one year high of $29.61.

Invesco (NYSE:IVZ) last issued its earnings results on Tuesday, January 27th. The asset manager reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.04. Invesco had a positive return on equity of 9.69% and a negative net margin of 6.92%.The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.24 billion. During the same period last year, the company earned $0.52 EPS. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. On average, research analysts predict that Invesco will post 1.87 EPS for the current year.

Invesco Company Profile

Invesco Ltd. is an independent global investment management firm headquartered in Atlanta, Georgia, and publicly traded on the New York Stock Exchange (NYSE: IVZ). With origins dating back to 1935, the company is dedicated to offering a wide array of investment strategies and solutions to both individual and institutional clients worldwide.

The firm’s product suite encompasses actively managed equity and fixed income funds, passive index funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts, alongside specialized offerings such as private markets, real estate, and structured products.