Salesforce Inc. (CRM) to Distribute Quarterly Dividend of $0.44 on October 8th

Salesforce Inc. (NYSE:CRM) announced a quarterly dividend on Thursday, September 3rd. Shareholders of record on Thursday, September 17th will be paid a dividend of 0.44 per share by the CRM provider on Thursday, October 8th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, September 17th.

Salesforce has a payout ratio of 13.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Salesforce to earn $11.20 per share next year, which means the company should continue to be able to cover its $1.76 annual dividend with an expected future payout ratio of 15.7%.

Salesforce Stock Down 1.9%

NYSE CRM opened at $259.39 on Friday. The firm has a market capitalization of $213.48 billion, a price-to-earnings ratio of 23.65, a PEG ratio of 1.23 and a beta of 1.20. Salesforce has a 52 week low of $146.32 and a 52 week high of $269.11. The company has a fifty day moving average of $191.88 and a two-hundred day moving average of $185.00. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.02.

Salesforce (NYSE:CRM) last issued its quarterly earnings results on Wednesday, August 26th. The CRM provider reported $5.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.27 by $2.63. The firm had revenue of $11.35 billion during the quarter, compared to analyst estimates of $11.33 billion. Salesforce had a return on equity of 24.90% and a net margin of 21.99%.Salesforce’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last year, the company earned $2.91 EPS. Salesforce has set its FY 2027 guidance at 16.670-16.710 EPS and its Q3 2027 guidance at 3.420-3.440 EPS. On average, analysts predict that Salesforce will post 12.64 earnings per share for the current year.

Key Salesforce News

Here are the key news stories impacting Salesforce this week:

• Positive Sentiment: AI growth is becoming material: Agentforce and Data 360 annual recurring revenue reached nearly $3.9 billion, up more than 210% year over year. Agentforce ARR exceeded $1.5 billion and grew more than 240%, supporting the view that Salesforce is successfully monetizing artificial intelligence. Salesforce Grew Agentforce and Data 360 ARR More Than 200%
• Positive Sentiment: Analyst support remains strong: Cantor Fitzgerald raised its Salesforce price target to $300, while BTIG reaffirmed its “Buy” rating and said it is increasingly confident in improving business trends. Cantor Fitzgerald Raises Salesforce Price Target
• Positive Sentiment: Shareholder returns: Salesforce declared a quarterly cash dividend of $0.44 per share, payable October 8 to shareholders of record September 17. The dividend provides a modest income component and signals continued confidence in cash generation. Salesforce Announces Quarterly Dividend

About Salesforce

Salesforce, founded in 1999 and headquartered in San Francisco, is a global provider of cloud-based software focused on customer relationship management (CRM) and enterprise applications. The company popularized the software-as-a-service (SaaS) model for CRM and has built a broad portfolio of products designed to help organizations manage sales, service, marketing, commerce and analytics through a unified, cloud-first platform.

Core offerings include Sales Cloud for sales automation, Service Cloud for customer support, Marketing Cloud for digital marketing and engagement, and Commerce Cloud for e-commerce.