Travelport Worldwide Limited (NYSE:TVPT) announced a quarterly dividend on Tuesday, October 31st, Zacks reports. Shareholders of record on Thursday, December 7th will be paid a dividend of 0.075 per share on Thursday, December 21st. This represents a $0.30 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date is Wednesday, December 6th.

Travelport Worldwide (TVPT) opened at $13.39 on Friday. Travelport Worldwide has a 12-month low of $11.38 and a 12-month high of $16.17. The company has a debt-to-equity ratio of -9.42, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a market capitalization of $1,679.23, a PE ratio of 14.56, a PEG ratio of 4.15 and a beta of 0.60.

Travelport Worldwide (NYSE:TVPT) last posted its earnings results on Thursday, November 2nd. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.08. Travelport Worldwide had a negative return on equity of 42.32% and a net margin of 3.72%. The company had revenue of $610.84 million during the quarter, compared to analysts’ expectations of $611.03 million. During the same quarter last year, the firm earned $0.33 earnings per share. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. sell-side analysts predict that Travelport Worldwide will post 0.77 earnings per share for the current year.

A number of equities research analysts have commented on the company. ValuEngine upgraded Travelport Worldwide from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. BidaskClub cut Travelport Worldwide from a “buy” rating to a “hold” rating in a research note on Friday, October 6th. Cowen reissued an “outperform” rating and set a $17.00 target price (up from $16.00) on shares of Travelport Worldwide in a research note on Wednesday, August 9th. Finally, Zacks Investment Research cut Travelport Worldwide from a “buy” rating to a “hold” rating in a research note on Thursday, October 5th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. Travelport Worldwide presently has an average rating of “Hold” and an average target price of $15.88.

In other news, insider Antonios Basoukeas sold 15,000 shares of Travelport Worldwide stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $14.50, for a total transaction of $217,500.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.19% of the stock is currently owned by corporate insiders.

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Travelport Worldwide Company Profile

Travelport Worldwide Limited provides a travel commerce platform, which offers distribution, technology, payment, mobile and other solutions for the travel and tourism industry. The Company connects travel providers, such as airlines and hotel chains with online and offline travel agencies and other travel buyers in its business-to-business (B2B) travel commerce platform (its Travel Commerce Platform).

Dividend History for Travelport Worldwide (NYSE:TVPT)

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