Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Announces Quarterly Dividend of $0.05

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) announced a quarterly dividend on Wednesday, July 24th, RTT News reports. Investors of record on Thursday, September 5th will be paid a dividend of 0.05 per share by the business services provider on Thursday, September 19th. This represents a $0.20 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend is Thursday, September 5th.

Dun & Bradstreet has a dividend payout ratio of 17.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Dun & Bradstreet to earn $0.98 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 20.4%.

Dun & Bradstreet Trading Down 0.0 %

Shares of Dun & Bradstreet stock opened at $12.00 on Wednesday. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.08. The firm has a market cap of $5.31 billion, a PE ratio of -149.94, a P/E/G ratio of 2.25 and a beta of 1.15. The business’s fifty day moving average is $10.81 and its two-hundred day moving average is $10.18. Dun & Bradstreet has a fifty-two week low of $8.68 and a fifty-two week high of $12.75.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.23. The firm had revenue of $576.20 million for the quarter, compared to analysts’ expectations of $580.77 million. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. Dun & Bradstreet’s revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.17 earnings per share. Analysts anticipate that Dun & Bradstreet will post 0.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. raised their price objective on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Needham & Company LLC restated a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a research note on Monday, August 5th. Royal Bank of Canada decreased their price target on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a research note on Friday, August 2nd. StockNews.com lowered shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a research note on Monday, August 5th. Finally, The Goldman Sachs Group lifted their price target on Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a research note on Monday, August 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Dun & Bradstreet has a consensus rating of “Hold” and an average price target of $13.73.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.