PayPal Holdings, Inc. Announces Quarterly Dividend of $0.14 (NASDAQ:PYPL)

PayPal Holdings, Inc. (NASDAQ:PYPL) declared a quarterly dividend on Monday, February 2nd. Stockholders of record on Wednesday, March 4th will be paid a dividend of 0.14 per share by the credit services provider on Wednesday, March 25th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, March 4th.

PayPal Trading Down 2.0%

Shares of NASDAQ PYPL traded down $0.85 during midday trading on Wednesday, reaching $40.85. The company had a trading volume of 48,948,961 shares, compared to its average volume of 22,942,391. The stock has a market cap of $38.22 billion, a PE ratio of 8.19, a price-to-earnings-growth ratio of 0.65 and a beta of 1.43. PayPal has a one year low of $39.96 and a one year high of $79.74. The firm’s fifty day moving average price is $58.48 and its 200-day moving average price is $65.01. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings results on Tuesday, February 3rd. The credit services provider reported $1.23 EPS for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.06). The firm had revenue of $8.68 billion for the quarter, compared to the consensus estimate of $8.82 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.19 earnings per share. On average, equities research analysts anticipate that PayPal will post 5.03 earnings per share for the current year.

About PayPal

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.