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

S&P Global Inc. (NYSE:SPGI) announced a quarterly dividend on Tuesday, May 19th. Stockholders of record on Friday, May 29th will be paid a dividend of 0.97 per share by the business services provider on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, May 29th.

S&P Global has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 53 consecutive years. S&P Global has a payout ratio of 20.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect S&P Global to earn $22.05 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 17.6%.

S&P Global Price Performance

Shares of SPGI opened at $412.24 on Wednesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.68 and a current ratio of 0.68. The company has a market capitalization of $122.02 billion, a price-to-earnings ratio of 26.09, a price-to-earnings-growth ratio of 1.78 and a beta of 1.11. S&P Global has a fifty-two week low of $381.61 and a fifty-two week high of $579.05. The firm has a 50-day simple moving average of $425.00 and a 200-day simple moving average of $465.39.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $4.97 EPS for the quarter, beating analysts’ consensus estimates of $4.82 by $0.15. The firm had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The firm’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the firm earned $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. On average, equities research analysts anticipate that S&P Global will post 19.61 earnings per share for the current year.

About S&P Global

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.