Walker & Dunlop, Inc. (NYSE:WD) Shares Set to Pay Quarterly Dividend of $0.68

Walker & Dunlop, Inc. (NYSE:WD) declared a quarterly dividend on Wednesday, November 4th. Investors of record on Friday, November 20th will be given a dividend of $0.68 per share by the financial services provider on Friday, December 4th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Friday, November 20th.

Walker & Dunlop has raised its dividend payment by an average of 0.1% annually over the last three years and has increased its dividend annually for the last 7 consecutive years. Walker & Dunlop has a payout ratio of 61.5% meaning its dividend is sufficiently covered by earnings.

Walker & Dunlop Stock Performance

Shares of WD opened at $39.84 on Friday. The stock has a market capitalization of $1.37 billion, a PE ratio of 35.57 and a beta of 1.48. The company’s fifty day moving average is $36.68 and its 200 day moving average is $47.50. Walker & Dunlop has a fifty-two week low of $31.40 and a fifty-two week high of $75.50.

Walker & Dunlop (NYSE:WD) last released its quarterly earnings data on Thursday, November 5th. The financial services provider reported $0.92 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.06). Walker & Dunlop had a net margin of 2.94% and a return on equity of 7.25%. The business had revenue of $298.45 million for the quarter, compared to the consensus estimate of $310.93 million. During the same quarter last year, the business earned $1.22 EPS. Walker & Dunlop’s revenue for the quarter was down 11.6% compared to the same quarter last year.

Walker & Dunlop Company Profile

Walker & Dunlop, Inc is a commercial real estate finance and advisory firm serving property owners, investors and developers across the United States. The company provides financing, investment sales, valuation, research and advisory services for a broad range of commercial real estate assets, including multifamily, office, industrial, retail, hospitality and senior housing properties.

Its financing business arranges debt and equity solutions through relationships with banks, life insurance companies, government-sponsored enterprises and other capital providers.