Broadridge Financial Solutions, Inc. (NYSE:BR) Declares Quarterly Dividend of $0.98

Broadridge Financial Solutions, Inc. (NYSE:BR) declared a quarterly dividend on Friday, March 6th. Stockholders of record on Monday, March 16th will be paid a dividend of 0.975 per share by the business services provider on Wednesday, April 8th. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Monday, March 16th.

Broadridge Financial Solutions has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 18 consecutive years. Broadridge Financial Solutions has a dividend payout ratio of 42.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Broadridge Financial Solutions to earn $9.31 per share next year, which means the company should continue to be able to cover its $3.90 annual dividend with an expected future payout ratio of 41.9%.

Broadridge Financial Solutions Price Performance

Broadridge Financial Solutions stock opened at $178.40 on Friday. The business’s 50-day simple moving average is $194.76 and its 200 day simple moving average is $219.94. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.93. The stock has a market cap of $20.83 billion, a price-to-earnings ratio of 19.76 and a beta of 0.98. Broadridge Financial Solutions has a 12-month low of $163.71 and a 12-month high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings data on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.25. The firm had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.61 billion. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.The company’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.56 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. As a group, research analysts anticipate that Broadridge Financial Solutions will post 8.53 earnings per share for the current year.

Broadridge Financial Solutions Company Profile

Broadridge Financial Solutions is a global fintech company that provides technology-driven solutions and outsourcing services to the financial services industry. The firm’s core offerings center on investor communications, securities processing and post-trade services, and technology platforms that support capital markets and wealth management operations. Broadridge positions itself as a provider of mission-critical infrastructure that helps financial institutions manage regulatory requirements, investor engagement and operational complexity.

Products and services include proxy and shareholder communications, investor disclosure and digital communications, proxy voting and tabulation, clearing and settlement support, trade processing and reconciliation, and a range of software-as-a-service platforms for wealth and asset managers.