Ryanair Holdings PLC to Issue Special Dividend of $0.45 (NASDAQ:RYAAY)

Ryanair Holdings PLC (NASDAQ:RYAAY) declared a special dividend on Friday, December 26th. Stockholders of record on Friday, January 16th will be given a dividend of 0.4545 per share by the transportation company on Wednesday, March 4th. The ex-dividend date is Friday, January 16th.

Ryanair has a dividend payout ratio of 21.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Ryanair to earn $3.76 per share next year, which means the company should continue to be able to cover its $1.03 annual dividend with an expected future payout ratio of 27.4%.

Ryanair Trading Down 1.6%

Ryanair stock opened at $68.01 on Wednesday. The firm has a 50-day moving average price of $68.18 and a two-hundred day moving average price of $63.53. Ryanair has a 52-week low of $38.52 and a 52-week high of $74.24. The firm has a market capitalization of $35.70 billion, a price-to-earnings ratio of 13.08, a PEG ratio of 0.70 and a beta of 1.25. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.02.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data on Monday, November 3rd. The transportation company reported $3.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.62 by $0.14. Ryanair had a return on equity of 31.32% and a net margin of 16.29%.The business had revenue of $6.41 billion during the quarter, compared to the consensus estimate of $5.44 billion. Sell-side analysts expect that Ryanair will post 3.09 earnings per share for the current year.

About Ryanair

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.