PayPal Holdings, Inc. (PYPL) to Issue Quarterly Dividend of $0.14 on September 25th

PayPal Holdings, Inc. (NASDAQ:PYPL) declared a quarterly dividend on Monday, July 27th. Investors of record on Friday, September 4th will be given a dividend of 0.14 per share by the credit services provider on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, September 4th.

PayPal Trading Up 0.4%

Shares of NASDAQ PYPL traded up $0.24 during midday trading on Wednesday, reaching $58.56. The company had a trading volume of 3,703,871 shares, compared to its average volume of 19,572,748. The stock has a market cap of $51.66 billion, a PE ratio of 10.97, a price-to-earnings-growth ratio of 1.40 and a beta of 1.33. PayPal has a one year low of $38.46 and a one year high of $79.21. The firm’s fifty day moving average price is $46.22 and its 200-day moving average price is $47.02. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.47.

PayPal (NASDAQ:PYPL) last posted its earnings results on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.10. PayPal had a return on equity of 25.02% and a net margin of 15.00%.The company had revenue of $8.68 billion for the quarter, compared to analysts’ expectations of $8.47 billion. During the same period last year, the firm earned $1.40 earnings per share. PayPal’s quarterly revenue was up 4.8% on a year-over-year basis. On average, equities research analysts anticipate that PayPal will post 5.32 earnings per share for the current year.

PayPal Company Profile

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.