Global Payments Inc. (NYSE:GPN) to Issue Quarterly Dividend of $0.25

Global Payments Inc. (NYSE:GPN) announced a quarterly dividend on Wednesday, February 18th. Shareholders of record on Monday, March 9th will be paid a dividend of 0.25 per share by the business services provider on Monday, March 30th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, March 9th.

Global Payments has increased its dividend by an average of 0.3%per year over the last three years. Global Payments has a dividend payout ratio of 7.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Global Payments to earn $13.49 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 7.4%.

Global Payments Price Performance

Shares of NYSE:GPN opened at $81.27 on Thursday. The firm has a 50 day moving average of $76.05 and a 200-day moving average of $80.41. Global Payments has a 12 month low of $65.93 and a 12 month high of $107.27. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $19.24 billion, a PE ratio of 11.41, a PEG ratio of 0.46 and a beta of 0.76.

Global Payments (NYSE:GPN) last announced its quarterly earnings data on Wednesday, February 18th. The business services provider reported $3.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $0.02. Global Payments had a net margin of 19.68% and a return on equity of 12.66%. The business had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same period last year, the firm posted $2.85 earnings per share. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. On average, equities research analysts predict that Global Payments will post 11.89 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider David Lawrence Green sold 11,600 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $79.99, for a total value of $927,884.00. Following the completion of the sale, the insider directly owned 68,096 shares in the company, valued at $5,446,999.04. This trade represents a 14.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Robert H. B. Baldwin, Jr. purchased 10,392 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were purchased at an average cost of $81.42 per share, for a total transaction of $846,116.64. Following the completion of the purchase, the director owned 59,303 shares in the company, valued at $4,828,450.26. This trade represents a 21.25% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.01% of the company’s stock.

Hedge Funds Weigh In On Global Payments

Large investors have recently added to or reduced their stakes in the business. Strive Financial Group LLC bought a new position in shares of Global Payments in the fourth quarter valued at approximately $25,000. North Star Investment Management Corp. boosted its holdings in Global Payments by 242.2% during the 3rd quarter. North Star Investment Management Corp. now owns 308 shares of the business services provider’s stock worth $26,000 after acquiring an additional 218 shares during the last quarter. DV Equities LLC bought a new stake in shares of Global Payments in the 4th quarter worth $26,000. Root Financial Partners LLC purchased a new stake in shares of Global Payments in the third quarter valued at about $27,000. Finally, SouthState Bank Corp bought a new position in shares of Global Payments during the third quarter valued at about $28,000. Institutional investors own 89.76% of the company’s stock.

About Global Payments

Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.

Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.