Bread Financial Holdings, Inc. (BFH) to Issue Quarterly Dividend of $0.23 on September 15th

Bread Financial Holdings, Inc. (NYSE:BFH) declared a quarterly dividend on Thursday, July 23rd. Investors of record on Monday, August 31st will be paid a dividend of 0.23 per share on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date is Monday, August 31st.

Bread Financial has decreased its dividend payment by an average of 0.1%annually over the last three years. Bread Financial has a payout ratio of 10.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Bread Financial to earn $12.78 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 7.2%.

Bread Financial Trading Down 2.1%

Bread Financial stock opened at $105.75 on Friday. The business has a 50 day moving average price of $105.31 and a two-hundred day moving average price of $90.28. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.25. Bread Financial has a 12 month low of $53.83 and a 12 month high of $114.53. The stock has a market cap of $4.06 billion, a price-to-earnings ratio of 8.25, a price-to-earnings-growth ratio of 0.68 and a beta of 1.11.

Bread Financial (NYSE:BFH) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $3.55 earnings per share for the quarter, topping the consensus estimate of $2.74 by $0.81. The company had revenue of $993.00 million for the quarter, compared to analyst estimates of $959.32 million. Bread Financial had a return on equity of 18.42% and a net margin of 11.95%.Bread Financial’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm earned $3.15 EPS. As a group, equities analysts forecast that Bread Financial will post 12.1 EPS for the current year.

Bread Financial Company Profile

Bread Financial, formerly known as Alliance Data Systems, is a Columbus, Ohio–based financial services company that specializes in providing private label credit programs, co-brand credit cards and digital payment solutions for retail partners. The company designs, issues and services proprietary credit products, enabling merchants to offer branded financing options that drive customer loyalty and increase basket sizes at the point of sale. Through its Bread technology platform, Bread Financial delivers installment-based payment options that integrate directly into e-commerce and in-store checkout experiences.

In addition to its core credit offerings, Bread Financial provides analytics, marketing and loyalty services to help merchants better understand consumer behavior and optimize promotional strategies.