S&P Global Inc. (SPGI) to Issue Quarterly Dividend of $0.97 on June 10th

S&P Global Inc. (NYSE:SPGI) declared a quarterly dividend on Tuesday, May 19th. Stockholders of record on Friday, May 29th will be given a dividend of 0.97 per share by the business services provider on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, May 29th.

S&P Global has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 53 years. S&P Global has a payout ratio of 20.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect S&P Global to earn $22.06 per share next year, which means the company should continue to be able to cover its $3.88 annual dividend with an expected future payout ratio of 17.6%.

S&P Global Price Performance

SPGI opened at $416.72 on Thursday. The stock has a 50-day moving average price of $425.83 and a 200-day moving average price of $467.62. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a market cap of $123.35 billion, a PE ratio of 26.37, a P/E/G ratio of 1.75 and a beta of 1.11. S&P Global has a 1 year low of $381.61 and a 1 year high of $579.05.

S&P Global (NYSE:SPGI) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.82 by $0.15. The firm had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.08 billion. S&P Global had a return on equity of 17.26% and a net margin of 30.37%.S&P Global’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.37 EPS. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. Sell-side analysts predict that S&P Global will post 19.59 earnings per share for the current fiscal year.

S&P Global Company Profile

S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis.

S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk.