Broadridge Financial Solutions, Inc. (BR) to Issue Quarterly Dividend of $0.98 on April 8th

Broadridge Financial Solutions, Inc. (NYSE:BR) announced a quarterly dividend on Friday, March 6th. Shareholders of record on Monday, March 16th will be paid a dividend of 0.975 per share by the business services provider on Wednesday, April 8th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Monday, March 16th.

Broadridge Financial Solutions has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 18 years. Broadridge Financial Solutions has a dividend payout ratio of 42.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Broadridge Financial Solutions to earn $9.31 per share next year, which means the company should continue to be able to cover its $3.90 annual dividend with an expected future payout ratio of 41.9%.

Broadridge Financial Solutions Price Performance

Shares of Broadridge Financial Solutions stock traded up $1.01 on Friday, hitting $178.40. 1,801,406 shares of the company traded hands, compared to its average volume of 1,319,601. Broadridge Financial Solutions has a 52 week low of $163.71 and a 52 week high of $271.91. The business has a 50-day simple moving average of $194.76 and a 200 day simple moving average of $219.94. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market capitalization of $20.83 billion, a P/E ratio of 19.76 and a beta of 0.98.

Broadridge Financial Solutions (NYSE:BR) last issued its earnings results on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.25. The firm had revenue of $1.71 billion during the quarter, compared to analyst estimates of $1.61 billion. Broadridge Financial Solutions had a net margin of 14.86% and a return on equity of 40.70%. Broadridge Financial Solutions’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.56 earnings per share. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. Research analysts expect that Broadridge Financial Solutions will post 8.53 earnings per share for the current fiscal year.

About Broadridge Financial Solutions

Broadridge Financial Solutions is a global fintech company that provides technology-driven solutions and outsourcing services to the financial services industry. The firm’s core offerings center on investor communications, securities processing and post-trade services, and technology platforms that support capital markets and wealth management operations. Broadridge positions itself as a provider of mission-critical infrastructure that helps financial institutions manage regulatory requirements, investor engagement and operational complexity.

Products and services include proxy and shareholder communications, investor disclosure and digital communications, proxy voting and tabulation, clearing and settlement support, trade processing and reconciliation, and a range of software-as-a-service platforms for wealth and asset managers.