Pearson, PLC (PSO) To Go Ex-Dividend on August 14th

Pearson, PLC (NYSE:PSO) announced a dividend on Friday, July 31st. Shareholders of record on Friday, August 14th will be given a dividend of 0.1103 per share on Monday, September 21st. This represents a yield of 130.0%. The ex-dividend date of this dividend is Friday, August 14th.

Pearson has raised its dividend payment by an average of 0.1%annually over the last three years. Pearson has a payout ratio of 23.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect Pearson to earn $1.03 per share next year, which means the company should continue to be able to cover its $0.22 annual dividend with an expected future payout ratio of 21.4%.

Pearson Trading Down 1.2%

Shares of PSO stock traded down $0.20 during mid-day trading on Wednesday, reaching $15.96. The stock had a trading volume of 121,861 shares, compared to its average volume of 1,018,387. Pearson has a 1-year low of $12.02 and a 1-year high of $17.75. The company has a quick ratio of 1.94, a current ratio of 2.00 and a debt-to-equity ratio of 0.50. The business’s fifty day moving average is $16.15 and its 200-day moving average is $14.51.

About Pearson

Pearson plc is a global education company headquartered in London, England, with significant operations in North America, Europe, Asia, and Latin America. Tracing its roots back to 1844, Pearson evolved from its early beginnings into one of the world’s leading providers of educational content, digital learning tools, and assessment services. The company’s American subsidiary trades on the New York Stock Exchange under the symbol PSO.

Pearson’s core business encompasses a broad portfolio of products and services for learners, educators, and institutions.