FactSet Research Systems Inc. (FDS) To Go Ex-Dividend on August 29th

FactSet Research Systems Inc. (NYSE:FDS) announced a quarterly dividend on Thursday, August 7th, RTT News reports. Investors of record on Friday, August 29th will be given a dividend of 1.10 per share by the business services provider on Thursday, September 18th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 29th.

FactSet Research Systems has a payout ratio of 24.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect FactSet Research Systems to earn $18.68 per share next year, which means the company should continue to be able to cover its $4.40 annual dividend with an expected future payout ratio of 23.6%.

FactSet Research Systems Stock Performance

FDS stock opened at $382.25 on Friday. The company has a market capitalization of $14.45 billion, a P/E ratio of 27.62, a PEG ratio of 2.53 and a beta of 0.83. The company has a 50-day simple moving average of $427.12 and a 200 day simple moving average of $440.16. FactSet Research Systems has a fifty-two week low of $381.30 and a fifty-two week high of $499.87. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.66.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Monday, June 23rd. The business services provider reported $4.27 earnings per share for the quarter, missing the consensus estimate of $4.30 by ($0.03). FactSet Research Systems had a return on equity of 31.59% and a net margin of 23.30%. The company had revenue of $585.52 million during the quarter, compared to analyst estimates of $580.70 million. During the same period in the previous year, the company earned $4.37 EPS. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. Sell-side analysts predict that FactSet Research Systems will post 17.21 earnings per share for the current fiscal year.

About FactSet Research Systems

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.