Everest Group, Ltd. (EG) to Issue Quarterly Dividend of $2.00 on June 26th

Everest Group, Ltd. (NYSE:EG) announced a quarterly dividend on Wednesday, May 13th. Shareholders of record on Friday, June 12th will be given a dividend of 2.00 per share on Friday, June 26th. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, June 12th.

Everest Group has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 1 years. Everest Group has a payout ratio of 13.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Everest Group to earn $59.96 per share next year, which means the company should continue to be able to cover its $8.00 annual dividend with an expected future payout ratio of 13.3%.

Everest Group Price Performance

EG opened at $331.70 on Wednesday. The company has a fifty day moving average price of $341.01 and a two-hundred day moving average price of $332.04. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.37 and a current ratio of 0.37. Everest Group has a 52 week low of $302.44 and a 52 week high of $368.29. The firm has a market capitalization of $13.13 billion, a PE ratio of 6.75, a P/E/G ratio of 0.52 and a beta of 0.31.

Everest Group (NYSE:EG) last released its earnings results on Monday, March 23rd. The company reported $16.08 EPS for the quarter. Everest Group had a net margin of 11.76% and a return on equity of 14.70%. The firm had revenue of $4.07 billion during the quarter. As a group, analysts anticipate that Everest Group will post 52.62 earnings per share for the current year.

About Everest Group

Everest Group (NYSE:EG) is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.

With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.