Accenture PLC (ACN) To Go Ex-Dividend on April 9th

Accenture PLC (NYSE:ACN) announced a quarterly dividend on Thursday, March 19th. Stockholders of record on Thursday, April 9th will be given a dividend of 1.63 per share by the information technology services provider on Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Thursday, April 9th.

Accenture has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 20 consecutive years. Accenture has a payout ratio of 47.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Accenture to earn $13.73 per share next year, which means the company should continue to be able to cover its $6.52 annual dividend with an expected future payout ratio of 47.5%.

Accenture Stock Performance

Accenture stock opened at $198.93 on Tuesday. The company has a 50 day moving average price of $215.58 and a 200-day moving average price of $242.91. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.34 and a current ratio of 1.34. Accenture has a fifty-two week low of $187.00 and a fifty-two week high of $325.71. The company has a market capitalization of $132.37 billion, a PE ratio of 16.29, a P/E/G ratio of 1.91 and a beta of 1.24.

Accenture (NYSE:ACN) last posted its quarterly earnings results on Friday, March 20th. The information technology services provider reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.09. Accenture had a net margin of 10.61% and a return on equity of 26.33%. The firm had revenue of $18.04 billion during the quarter, compared to the consensus estimate of $17.80 billion. During the same quarter in the previous year, the firm posted $2.82 earnings per share. The company’s revenue was up 7.8% on a year-over-year basis. As a group, equities analysts forecast that Accenture will post 12.73 earnings per share for the current year.

Accenture Company Profile

Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.