TransUnion (NYSE:TRU) to Issue Dividend Increase – $0.14 Per Share

TransUnion (NYSE:TRU) declared a quarterly dividend on Tuesday, October 27th. Investors of record on Tuesday, November 10th will be paid a dividend of $0.1350 per share by the business services provider on Wednesday, November 25th. This represents a $0.54 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, November 10th. This is a 8.0% increase from TransUnion’s previous quarterly dividend of $0.1250.

TransUnion has increased its dividend by an average of 0.1% annually over the last three years and has raised its dividend every year for the last 1 years. TransUnion has a payout ratio of 10.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect TransUnion to earn $4.77 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 10.5%.

TransUnion Stock Down 5.6%

NYSE:TRU traded down $4.49 during trading hours on Tuesday, reaching $75.13. The company had a trading volume of 4,871,655 shares, compared to its average volume of 2,563,854. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.07. The firm has a market cap of $14.39 billion, a price-to-earnings ratio of 19.82, a P/E/G ratio of 1.48 and a beta of 1.58. The business’s 50-day simple moving average is $75.01 and its two-hundred day simple moving average is $74.45. TransUnion has a twelve month low of $60.96 and a twelve month high of $89.12.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Tuesday, October 27th. The business services provider reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.04. TransUnion had a net margin of 15.08% and a return on equity of 16.29%. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the previous year, the firm posted $1.10 earnings per share. The business’s revenue was up 12.2% compared to the same quarter last year. On average, equities analysts expect that TransUnion will post 4.24 earnings per share for the current year.

About TransUnion

TransUnion (NYSE: TRU) is a global information and insights company that helps businesses and consumers make more informed decisions. The company collects, analyzes and delivers data related to credit, identity, fraud and consumer behavior, serving customers across financial services, insurance, healthcare, retail, telecommunications and other industries.

Its products and services include consumer credit reports and scores, credit-risk assessment, marketing and audience insights, identity verification, fraud detection, investigative tools and decisioning software.