McGraw Hill Financial Inc. Announces Quarterly Dividend of $0.30 (MHFI)
McGraw Hill Financial (NASDAQ:MHFI) announced a quarterly dividend on Wednesday, January 29th, StockRatingsNetwork.com reports. Shareholders of record on Wednesday, February 26th will be paid a dividend of 0.30 per share on Wednesday, March 12th. This represents a $1.20 annualized dividend and a dividend yield of 1.60%.
MHFI has been the subject of a number of recent research reports. Analysts at Goldman Sachs Group Inc. downgraded shares of McGraw Hill Financial from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, January 16th. They now have a $82.00 price target on the stock. They noted that the move was a valuation call. On a related note, analysts at Benchmark Co. downgraded shares of McGraw Hill Financial from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, January 15th. They now have a $80.00 price target on the stock, up previously from $78.00. They noted that the move was a valuation call. Finally, analysts at Credit Suisse initiated coverage on shares of McGraw Hill Financial in a research note to investors on Wednesday, December 11th. They set an “outperform” rating on the stock. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. McGraw Hill Financial has an average rating of “Buy” and a consensus target price of $77.88.
Shares of McGraw Hill Financial (NASDAQ:MHFI) traded down 0.13% on Wednesday, hitting $75.07. 1,821,222 shares of the company’s stock traded hands. McGraw Hill Financial has a 1-year low of $42.07 and a 1-year high of $78.81. The stock has a 50-day moving average of $75.87 and a 200-day moving average of $68.26. The company has a market cap of $20.329 billion and a price-to-earnings ratio of 21.50.
McGraw Hill Financial, Inc, formerly The McGraw-Hill Companies, Inc, is a financial intelligence company.
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