Equifax, Inc. (NYSE:EFX) Shares Will Pay Quarterly Dividend of $0.56

Equifax, Inc. (NYSE:EFX) declared a quarterly dividend on Thursday, November 5th. Stockholders of record on Wednesday, November 25th will be paid a dividend of $0.56 per share by the credit services provider on Tuesday, December 15th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Wednesday, November 25th.

Equifax has a dividend payout ratio of 24.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Equifax to earn $9.65 per share next year, which means the company should continue to be able to cover its $2.24 annual dividend with an expected future payout ratio of 23.2%.

Equifax Stock Performance

NYSE:EFX opened at $194.90 on Friday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.12. The firm has a 50-day moving average price of $166.34 and a two-hundred day moving average price of $176.88. Equifax has a twelve month low of $137.01 and a twelve month high of $228.67. The company has a market capitalization of $22.81 billion, a P/E ratio of 31.49, a price-to-earnings-growth ratio of 1.97 and a beta of 1.27.

Equifax (NYSE:EFX) last released its quarterly earnings results on Tuesday, October 20th. The credit services provider reported $2.26 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.06. Equifax had a return on equity of 22.48% and a net margin of 11.27%. The company had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.69 billion. During the same quarter last year, the business posted $2.04 earnings per share. Equifax’s revenue was up 9.6% compared to the same quarter last year. As a group, research analysts expect that Equifax will post 8.50 earnings per share for the current fiscal year.

Equifax Company Profile

Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that provides information and services to help businesses, governments and consumers make informed financial and workforce decisions. The company is best known for its credit reporting activities, but its offerings also include identity verification, fraud prevention, income and employment verification, marketing services and risk management solutions.

Equifax provides consumer and commercial credit information, credit reports and related analytics to lenders and other businesses.