S&P Global Inc. (SPGI) to Issue Quarterly Dividend of $0.97 on September 10th

S&P Global Inc. (NYSE:SPGI) declared a quarterly dividend on Monday, June 22nd. Stockholders of record on Wednesday, August 26th will be paid a dividend of 0.97 per share by the business services provider on Thursday, September 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 26th.

S&P Global has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 53 years. S&P Global has a payout ratio of 20.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect S&P Global to earn $20.25 per share next year, which means the company should continue to be able to cover its $3.88 annual dividend with an expected future payout ratio of 19.2%.

S&P Global Trading Down 0.0%

SPGI opened at $431.10 on Monday. S&P Global has a twelve month low of $381.61 and a twelve month high of $559.44. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.40. The company has a fifty day moving average of $422.87 and a 200-day moving average of $424.74. The stock has a market cap of $127.09 billion, a PE ratio of 26.32, a price-to-earnings-growth ratio of 1.94 and a beta of 1.07.

S&P Global (NYSE:SPGI) last released its earnings results on Tuesday, July 28th. The business services provider reported $4.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.81 by $0.02. The business had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.09 billion. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. S&P Global’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.43 earnings per share. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. On average, sell-side analysts predict that S&P Global will post 17.75 EPS for the current year.

S&P Global Company Profile

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.