Global Payments Inc. (NYSE:GPN) Declares Quarterly Dividend of $0.25

Global Payments Inc. (NYSE:GPN) declared a quarterly dividend on Tuesday, November 4th. Investors of record on Friday, December 12th will be given a dividend of 0.25 per share by the business services provider on Friday, December 26th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, December 12th.

Global Payments has raised its dividend by an average of 0.3%per year over the last three years. Global Payments has a dividend payout ratio of 7.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Global Payments to earn $13.49 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 7.4%.

Global Payments Trading Down 0.3%

NYSE:GPN traded down $0.20 during trading hours on Wednesday, reaching $79.76. 74,894 shares of the stock were exchanged, compared to its average volume of 2,657,578. Global Payments has a twelve month low of $65.93 and a twelve month high of $120.00. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.61. The business has a 50-day moving average of $85.60 and a two-hundred day moving average of $81.81. The company has a market capitalization of $19.35 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 0.76 and a beta of 0.98.

Global Payments (NYSE:GPN) last posted its earnings results on Tuesday, November 4th. The business services provider reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.23 by $0.03. Global Payments had a return on equity of 12.47% and a net margin of 15.07%.The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same quarter in the prior year, the company earned $3.08 EPS. Global Payments has set its FY 2025 guidance at 6.600-6.666 EPS. On average, equities analysts predict that Global Payments will post 11.89 EPS for the current year.

About Global Payments

Global Payments Inc provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services.