Equifax, Inc. (NYSE:EFX) Shares Will Pay Quarterly Dividend of $0.56

Equifax, Inc. (NYSE:EFX) announced a quarterly dividend on Thursday, November 5th. Shareholders of record on Wednesday, November 25th will be paid a dividend of $0.56 per share by the credit services provider on Tuesday, December 15th. This represents a $2.24 annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, November 25th.

Equifax has a payout ratio of 24.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Equifax to earn $9.65 per share next year, which means the company should continue to be able to cover its $2.24 annual dividend with an expected future payout ratio of 23.2%.

Equifax Stock Up 1.4%

EFX opened at $194.90 on Friday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.09 and a current ratio of 1.09. The company has a market capitalization of $22.81 billion, a P/E ratio of 31.49, a P/E/G ratio of 1.97 and a beta of 1.27. Equifax has a fifty-two week low of $137.01 and a fifty-two week high of $228.67. The stock has a fifty day moving average of $166.34 and a 200-day moving average of $176.88.

Equifax (NYSE:EFX) last issued its earnings results on Tuesday, October 20th. The credit services provider reported $2.26 EPS for the quarter, beating the consensus estimate of $2.20 by $0.06. The company had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.69 billion. Equifax had a net margin of 11.27% and a return on equity of 22.48%. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the previous year, the company earned $2.04 EPS. On average, equities analysts expect that Equifax will post 8.50 EPS for the current year.

About Equifax

Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that provides information and services to help businesses, governments and consumers make informed financial and workforce decisions. The company is best known for its credit reporting activities, but its offerings also include identity verification, fraud prevention, income and employment verification, marketing services and risk management solutions.

Equifax provides consumer and commercial credit information, credit reports and related analytics to lenders and other businesses.