CLEAR Secure, Inc. (NYSE:YOU – Get Free Report) announced a special dividend on Wednesday, February 25th. Investors of record on Tuesday, March 10th will be given a dividend of 0.20 per share on Tuesday, March 24th. The ex-dividend date is Tuesday, March 10th.
CLEAR Secure has a dividend payout ratio of 31.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect CLEAR Secure to earn $1.04 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 48.1%.
CLEAR Secure Price Performance
CLEAR Secure stock traded up $13.05 during midday trading on Wednesday, hitting $46.52. The company’s stock had a trading volume of 9,433,359 shares, compared to its average volume of 1,568,499. The company has a market cap of $6.19 billion, a price-to-earnings ratio of 28.36 and a beta of 1.21. The company has a 50-day moving average price of $34.50 and a two-hundred day moving average price of $34.50. CLEAR Secure has a 1-year low of $21.75 and a 1-year high of $46.63.
About CLEAR Secure
CLEAR Secure, Inc operates a biometric identity platform designed to expedite identity verification for air travelers and venue guests. The company’s core offering is the CLEAR membership service, which uses fingerprint and iris scans to confirm a member’s identity and provide access to dedicated security lanes at participating airports. Members link government-issued IDs and personal biometric data via the CLEAR app, enabling faster processing through Transportation Security Administration (TSA) checkpoints and select event entrances.
Founded in 2010 by Caryn Seidman‐Becker and Ken Cornick, CLEAR is headquartered in New York City.
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