Booking Holdings Inc. (NASDAQ:BKNG) Plans $0.42 Quarterly Dividend

Booking Holdings Inc. (NASDAQ:BKNG) declared a quarterly dividend on Monday, August 3rd. Shareholders of record on Friday, September 11th will be paid a dividend of 0.42 per share by the business services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, September 11th.

Booking has a dividend payout ratio of 0.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Booking to earn $12.40 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 13.5%.

Booking Stock Performance

BKNG opened at $180.30 on Wednesday. Booking has a one year low of $150.14 and a one year high of $225.00. The business’s 50 day moving average price is $194.57 and its 200 day moving average price is $178.72. The stock has a market capitalization of $135.47 billion, a PE ratio of 19.96, a P/E/G ratio of 1.20 and a beta of 1.07.

Booking (NASDAQ:BKNG) last issued its quarterly earnings data on Monday, August 3rd. The business services provider reported $2.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.43 by $0.11. Booking had a negative return on equity of 102.96% and a net margin of 25.53%.The firm had revenue of $7.35 billion during the quarter, compared to the consensus estimate of $7.19 billion. During the same period last year, the company earned $55.40 EPS. The company’s quarterly revenue was up 8.1% on a year-over-year basis. As a group, equities research analysts forecast that Booking will post 10.48 earnings per share for the current fiscal year.

Booking Company Profile

Booking Holdings Inc is a global provider of online travel and related services. The company connects consumers with accommodations, flights, rental cars, restaurants and travel experiences through a portfolio of digital brands and websites.

Its principal brands include Booking.com, which offers lodging, transportation and travel experiences; Priceline, which provides online booking services for hotels, flights, rental cars and vacation packages; Agoda, which focuses primarily on travel bookings in Asia and other international markets; KAYAK, a travel metasearch engine; OpenTable, a restaurant reservation and management platform; and Rentalcars.com, a global car rental service.

Booking Holdings serves customers, travel providers and restaurants across numerous countries and regions, with a particularly extensive international presence.