Ryan Specialty Holdings Inc. (RYAN) To Go Ex-Dividend on November 10th

Ryan Specialty Holdings Inc. (NYSE:RYAN – Get Free Report) announced a quarterly dividend on Thursday, October 29th. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.13 per share on Tuesday, November 24th. This represents a $0.52 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Tuesday, November 10th.

Ryan Specialty has a dividend payout ratio of 20.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect Ryan Specialty to earn $2.47 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 21.1%.

Ryan Specialty Price Performance

Shares of NYSE:RYAN opened at $43.83 on Friday. The stock has a market cap of $11.21 billion, a PE ratio of 54.11, a price-to-earnings-growth ratio of 0.89 and a beta of 0.61. The business’s fifty day moving average price is $40.42 and its two-hundred day moving average price is $39.17. Ryan Specialty has a one year low of $29.28 and a one year high of $58.94. The company has a debt-to-equity ratio of 3.51, a quick ratio of 1.00 and a current ratio of 1.00.

Ryan Specialty (NYSE:RYAN – Get Free Report) last announced its earnings results on Thursday, October 29th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.02. Ryan Specialty had a net margin of 8.25% and a return on equity of 45.09%. The firm had revenue of $789.96 million during the quarter, compared to the consensus estimate of $792.99 million. During the same quarter in the previous year, the company posted $0.47 EPS. On average, analysts forecast that Ryan Specialty will post 2.17 EPS for the current fiscal year.

Ryan Specialty Company Profile

(Get Free Report)

Ryan Specialty Holdings, Inc is a specialty insurance services company that provides wholesale brokerage, managing general underwriting and delegated authority solutions. The company works with retail insurance brokers, agents, carriers and other market participants to place and manage complex, specialty risks that may require specialized underwriting expertise or customized coverage.

Its business includes specialty insurance and reinsurance brokerage, underwriting management and insurance program administration.

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Dividend History for Ryan Specialty (NYSE:RYAN)

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