Bread Financial Holdings, Inc. (NYSE:BFH) Plans Quarterly Dividend of $0.25

Bread Financial Holdings, Inc. (NYSE:BFH) declared a quarterly dividend on Thursday, October 22nd. Stockholders of record on Monday, November 30th will be given a dividend of $0.25 per share on Tuesday, December 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, November 30th. This is a 8.7% increase from Bread Financial’s previous quarterly dividend of $0.23.

Bread Financial has decreased its dividend by an average of 0.1% annually over the last three years. Bread Financial has a payout ratio of 10.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Bread Financial to earn $13.19 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 7.0%.

Bread Financial Stock Performance

BFH stock opened at $102.61 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.17 and a quick ratio of 1.17. Bread Financial has a 1 year low of $59.26 and a 1 year high of $114.53. The company has a market cap of $3.94 billion, a P/E ratio of 7.86, a price-to-earnings-growth ratio of 0.86 and a beta of 1.15. The stock’s fifty day moving average price is $104.63 and its 200-day moving average price is $98.66.

Bread Financial (NYSE:BFH) last posted its quarterly earnings data on Thursday, October 22nd. The company reported $3.84 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.50. Bread Financial had a return on equity of 18.42% and a net margin of 11.95%. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the prior year, the business earned $4.02 earnings per share. Bread Financial’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, equities analysts forecast that Bread Financial will post 12.10 earnings per share for the current year.

Bread Financial Company Profile

Bread Financial Holdings, Inc (NYSE: BFH) is a financial services company that provides payment, lending and savings solutions to consumers and businesses. Its offerings include private-label and co-branded credit cards, installment lending, buy now, pay later services and deposit products.

The company operates through its Bread platform, which supports merchants with financing options, payment processing and customer loyalty solutions. Its consumer products have included Bread Cashback credit cards, Bread Pay installment payment services and Bread Savings deposit accounts.

Bread Financial primarily serves consumers and merchants in the United States, with solutions designed for retail, travel, home improvement and other industries.