CA, Inc. (CA) Announces Quarterly Dividend of $0.25
CA (NYSE:CA) declared a quarterly dividend on Thursday, May 15th, American Banking News.com reports. Investors of record on Thursday, May 29th will be given a dividend of 0.25 per share on Tuesday, June 17th. This represents a $1.00 dividend on an annualized basis and a yield of 3.33%.
CA has been the subject of a number of recent research reports. Analysts at Ned Davis Research upgraded shares of CA from a “neutral” rating to a “buy” rating in a research note on Monday, April 28th. On a related note, analysts at Barclays initiated coverage on shares of CA in a research note on Monday, March 3rd. They set an “equal weight” rating on the stock. Finally, analysts at Cowen and Company downgraded shares of CA from a “market perform” rating to an “underperform” rating in a research note on Wednesday, February 19th. Two analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company’s stock. CA has an average rating of “Hold” and an average target price of $28.50.
CA (NYSE:CA) opened at 30.07 on Thursday. CA has a one year low of $26.92 and a one year high of $36.22. The stock’s 50-day moving average is $30.37 and its 200-day moving average is $32.07. The company has a market cap of $13.464 billion and a price-to-earnings ratio of 12.92.
CA, Inc (NYSE:CA) is an independent enterprise information technology (IT) management software and solutions company.
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