Dun & Bradstreet Corp (DNB) to Issue Dividend Increase – $0.52 Per Share

Dun & Bradstreet Corp (NYSE:DNB) declared a quarterly dividend on Monday, February 12th, RTT News reports. Shareholders of record on Thursday, February 22nd will be given a dividend of 0.5225 per share by the business services provider on Friday, March 9th. This represents a $2.09 dividend on an annualized basis and a yield of 1.87%. This is a boost from Dun & Bradstreet’s previous quarterly dividend of $0.50.

Dun & Bradstreet has raised its dividend payment by an average of 4.5% per year over the last three years and has increased its dividend every year for the last 11 years. Dun & Bradstreet has a dividend payout ratio of 28.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Dun & Bradstreet to earn $7.37 per share next year, which means the company should continue to be able to cover its $2.01 annual dividend with an expected future payout ratio of 27.3%.

Dun & Bradstreet (NYSE DNB) traded up $2.44 during trading hours on Monday, reaching $111.63. 520,274 shares of the company’s stock were exchanged, compared to its average volume of 333,175. The stock has a market cap of $4,035.63, a price-to-earnings ratio of 21.16, a price-to-earnings-growth ratio of 2.47 and a beta of 1.27. The company has a debt-to-equity ratio of -1.93, a quick ratio of 0.92 and a current ratio of 0.92. Dun & Bradstreet has a 52 week low of $101.01 and a 52 week high of $125.32.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Monday, February 12th. The business services provider reported $3.22 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $3.04 by $0.18. The company had revenue of $528.30 million for the quarter, compared to analyst estimates of $535.82 million. Dun & Bradstreet had a net margin of 11.12% and a negative return on equity of 28.31%. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the firm earned $2.99 EPS. equities analysts predict that Dun & Bradstreet will post 7.17 earnings per share for the current year.

Several brokerages have recently weighed in on DNB. Goldman Sachs Group began coverage on shares of Dun & Bradstreet in a report on Wednesday, November 8th. They set a “neutral” rating and a $125.00 price objective on the stock. Robert W. Baird cut their price objective on shares of Dun & Bradstreet from $130.00 to $127.00 and set an “outperform” rating on the stock in a report on Friday, November 3rd. Zacks Investment Research lowered shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Finally, Barclays upgraded shares of Dun & Bradstreet from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $105.00 to $125.00 in a report on Monday, November 13th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $125.75.

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Dun & Bradstreet Company Profile

The Dun & Bradstreet Corporation is the source of commercial data, analytics and insight on businesses. The Company operates through two segments: Americas, which consists of its operations in the United States and Canada, and Non-Americas, which consists of its operations in the United Kingdom, Greater China, India, and its European and Asia Pacific Worldwide Networks.

Dividend History for Dun & Bradstreet (NYSE:DNB)

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