CLEAR Secure, Inc. (YOU) To Go Ex-Dividend on June 10th

CLEAR Secure, Inc. (NYSE:YOU) declared a quarterly dividend on Monday, May 4th. Stockholders of record on Wednesday, June 10th will be paid a dividend of 0.15 per share on Wednesday, June 24th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, June 10th.

CLEAR Secure has a payout ratio of 37.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect CLEAR Secure to earn $2.25 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 26.7%.

CLEAR Secure Trading Down 0.3%

Shares of NYSE:YOU opened at $54.34 on Monday. The stock’s 50-day moving average price is $54.84 and its 200-day moving average price is $43.81. CLEAR Secure has a 12-month low of $24.06 and a 12-month high of $62.73. The stock has a market capitalization of $7.24 billion, a P/E ratio of 43.82 and a beta of 1.08.

CLEAR Secure (NYSE:YOU) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.03. CLEAR Secure had a return on equity of 68.98% and a net margin of 13.01%.The firm had revenue of $253.00 million for the quarter, compared to analysts’ expectations of $244.38 million. During the same period last year, the firm earned $0.26 earnings per share. The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. As a group, research analysts predict that CLEAR Secure will post 1.78 EPS for the current year.

About CLEAR Secure

CLEAR Secure, Inc operates a biometric identity platform designed to expedite identity verification for air travelers and venue guests. The company’s core offering is the CLEAR membership service, which uses fingerprint and iris scans to confirm a member’s identity and provide access to dedicated security lanes at participating airports. Members link government-issued IDs and personal biometric data via the CLEAR app, enabling faster processing through Transportation Security Administration (TSA) checkpoints and select event entrances.

Founded in 2010 by Caryn Seidman‐Becker and Ken Cornick, CLEAR is headquartered in New York City.