Signet Jewelers Limited (NYSE:SIG) Announces $0.35 Quarterly Dividend

Signet Jewelers Limited (NYSE:SIG) announced a quarterly dividend on Tuesday, June 2nd. Investors of record on Friday, July 24th will be given a dividend of 0.35 per share on Friday, August 21st. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, July 24th.

Signet Jewelers has a dividend payout ratio of 14.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Signet Jewelers to earn $11.23 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 11.4%.

Signet Jewelers Stock Up 3.7%

Shares of SIG stock traded up $3.10 on Tuesday, hitting $87.92. The stock had a trading volume of 2,074,832 shares, compared to its average volume of 907,451. The business has a 50 day moving average price of $86.42 and a 200 day moving average price of $89.55. The company has a market cap of $3.52 billion, a PE ratio of 12.33, a P/E/G ratio of 1.01 and a beta of 1.18. Signet Jewelers has a one year low of $71.61 and a one year high of $110.20.

Signet Jewelers (NYSE:SIG) last released its quarterly earnings data on Tuesday, June 2nd. The company reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.18. The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.55 billion. Signet Jewelers had a return on equity of 22.22% and a net margin of 4.32%.The firm’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company posted $1.18 earnings per share. Signet Jewelers has set its FY 2027 guidance at 9.200-11.000 EPS. Equities research analysts expect that Signet Jewelers will post 10.3 EPS for the current year.

More Signet Jewelers News

Here are the key news stories impacting Signet Jewelers this week:

• Positive Sentiment: Signet reported adjusted EPS of $1.56, ahead of estimates, with revenue essentially in line at $1.55 billion and sales up modestly year over year, signaling healthy demand in a challenging retail environment.
• Positive Sentiment: Management raised its full-year fiscal 2027 EPS guidance to $9.20-$11.00, reflecting confidence in continued momentum from stronger comparable sales and improved profitability.
• Positive Sentiment: The company said all categories posted positive comparable sales, with favorable Valentine’s Day and early Mother’s Day performance helping set up a better start to the second quarter.
• Positive Sentiment: Signet also announced a new $50 million share repurchase program, which investors may view as a sign of balance-sheet strength and a support for earnings per share. Article: Signet Jewelers Reports First Quarter Fiscal 2027 Results
• Neutral Sentiment: Several reports and the earnings call transcript focused on management commentary around resilience, buyback capacity, and the broader “diamond turnaround,” but these were mostly reinforcing themes rather than new financial catalysts. Article: The Diamond Turnaround: Signet Stock Rises On Raised Full-Year Outlook And Share Buybacks

Signet Jewelers Company Profile

Signet Jewelers Ltd is the world’s largest retailer of diamond jewelry, operating a diversified network of retail stores across the United States, Canada, the United Kingdom and Ireland. Its portfolio includes well-established banners such as Kay Jewelers, Zales, Jared The Galleria of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda, offering customers a range of shopping environments from suburban malls to high-street locations.

The company’s product assortment encompasses engagement rings, wedding bands, fine fashion jewelry and timepieces, complemented by services including jewelry cleaning, repairs, appraisals and extended care plans.