Thomson Reuters Corp (TRI) to Issue Quarterly Dividend of $0.43

Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) declared a quarterly dividend on Tuesday, January 30th, Zacks reports. Stockholders of record on Thursday, February 22nd will be paid a dividend of 0.433 per share on Thursday, March 15th. This represents a $1.73 annualized dividend and a dividend yield of 3.46%. The ex-dividend date is Wednesday, February 21st. This is a positive change from Thomson Reuters’s previous quarterly dividend of $0.35.

Thomson Reuters (TRI) opened at C$50.12 on Friday. Thomson Reuters has a fifty-two week low of C$49.26 and a fifty-two week high of C$62.83. The company has a market cap of $35,610.00, a P/E ratio of 26.24 and a beta of 0.28.

In other Thomson Reuters news, insider Woodbridge Company Limited The bought 1,778 shares of the stock in a transaction dated Thursday, November 23rd. The shares were bought at an average cost of C$56.55 per share, with a total value of C$100,545.90.

Several research analysts have recently commented on TRI shares. Scotiabank lowered their target price on shares of Thomson Reuters to C$69.00 and set an “outperform” rating on the stock in a report on Wednesday, November 22nd. TD Securities lowered their target price on shares of Thomson Reuters from C$65.00 to C$64.00 and set a “buy” rating on the stock in a report on Thursday, November 2nd. Royal Bank of Canada lowered their target price on shares of Thomson Reuters to C$60.50 and set a “sector perform” rating on the stock in a report on Thursday, November 2nd. Finally, National Bank Financial cut shares of Thomson Reuters from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from C$68.00 to C$60.00 in a report on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of C$62.25.

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Thomson Reuters Company Profile

Thomson Reuters Corp (Thomson Reuters) is a Canada-based provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk unit is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.

Dividend History for Thomson Reuters (TSE:TRI)

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