Salesforce Inc. (NYSE:CRM – Get Free Report) declared a quarterly dividend on Thursday, May 28th. Investors of record on Thursday, June 11th will be paid a dividend of 0.44 per share by the CRM provider on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Thursday, June 11th.
Salesforce has a payout ratio of 13.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Salesforce to earn $10.98 per share next year, which means the company should continue to be able to cover its $1.76 annual dividend with an expected future payout ratio of 16.0%.
Salesforce Price Performance
Shares of NYSE CRM opened at $176.30 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market capitalization of $144.26 billion, a PE ratio of 20.41, a P/E/G ratio of 1.23 and a beta of 1.14. Salesforce has a 1-year low of $163.52 and a 1-year high of $276.80. The business’s fifty day moving average price is $180.84 and its two-hundred day moving average price is $210.72.
Salesforce News Summary
Here are the key news stories impacting Salesforce this week:
- Positive Sentiment: Salesforce topped Q1 earnings and revenue estimates, and management raised full-year profit guidance while saying Agentforce annualized revenue surpassed $1 billion. Reuters article
- Positive Sentiment: The company announced a $25 billion accelerated share repurchase, which should support EPS and signals confidence in cash generation. Seeking Alpha article
- Positive Sentiment: Salesforce expanded its Agentforce Health partnership with CVS Health, highlighting additional real-world adoption of its AI products. PR Newswire article
- Neutral Sentiment: Salesforce declared a quarterly dividend of $0.44 per share, a new shareholder-return measure, but the 1.0% yield is modest and unlikely to be a major catalyst. Business Wire article
- Negative Sentiment: Several analysts cut price targets after the report, citing concern that Salesforce’s AI narrative has not fully offset growth and margin worries. Benzinga article
- Negative Sentiment: Bears argue the company still faces an “AI problem,” with investors questioning whether AI agents can defend Salesforce’s core revenue model as competition intensifies. TheStreet article
Salesforce Company Profile
Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.
Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.
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