Moody’s Corporation (NYSE:MCO – Get Free Report) declared a quarterly dividend on Tuesday, July 21st. Investors of record on Friday, August 14th will be given a dividend of 1.03 per share by the business services provider on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, August 14th.
Moody’s has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 16 years. Moody’s has a payout ratio of 26.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Moody’s to earn $18.75 per share next year, which means the company should continue to be able to cover its $4.12 annual dividend with an expected future payout ratio of 22.0%.
Moody’s Price Performance
Shares of NYSE:MCO opened at $476.16 on Wednesday. Moody’s has a one year low of $402.28 and a one year high of $546.88. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.19 and a quick ratio of 1.19. The company has a market cap of $82.47 billion, a price-to-earnings ratio of 30.19, a PEG ratio of 2.37 and a beta of 1.33. The firm has a 50 day simple moving average of $472.59 and a 200 day simple moving average of $459.98.
Moody’s Company Profile
Moody’s Corporation is a global provider of credit ratings, research, data and analytics that support financial decision-making and transparency in capital markets. The company traces its origins to the early 20th century when financial analyst John Moody began publishing credit information; today Moody’s is headquartered in New York and serves a broad set of market participants including investors, issuers, financial institutions, corporations, governments and regulators.
Moody’s operates primarily through two complementary businesses.
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