S&P Global Inc. (NYSE:SPGI) Shareholders to Receive $0.97 Quarterly Dividend

S&P Global Inc. (NYSE:SPGI) declared a quarterly dividend on Tuesday, September 29th. Stockholders of record on Wednesday, November 25th will be paid a dividend of $0.97 per share by the business services provider on Thursday, December 10th. This represents a $3.88 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, November 25th.

S&P Global has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 53 consecutive years. S&P Global has a dividend payout ratio of 20.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect S&P Global to earn $20.06 per share next year, which means the company should continue to be able to cover its $3.88 annual dividend with an expected future payout ratio of 19.3%.

S&P Global Price Performance

SPGI opened at $392.55 on Wednesday. S&P Global has a twelve month low of $381.61 and a twelve month high of $552.25. The firm has a market cap of $115.72 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 1.91 and a beta of 1.07. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40. The company has a fifty day simple moving average of $419.64 and a 200 day simple moving average of $422.92.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Tuesday, July 28th. The business services provider reported $4.83 EPS for the quarter, topping analysts’ consensus estimates of $4.81 by $0.02. The firm had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.09 billion. S&P Global had a net margin of 31.37% and a return on equity of 17.74%. The firm’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.43 EPS. S&P Global has set its FY 2026 guidance at 17.500-17.750 EPS. Equities research analysts expect that S&P Global will post 17.75 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of S&P Global in a research report on Monday, July 6th. The Goldman Sachs Group lowered their price objective on S&P Global from $539.00 to $490.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Stifel Nicolaus lifted their price objective on S&P Global from $489.00 to $521.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Citigroup lifted their price objective on S&P Global from $454.00 to $500.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Finally, Rothschild & Co Redburn cut their target price on S&P Global from $540.00 to $520.00 and set a “buy” rating on the stock in a research report on Thursday, June 18th. Eighteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $523.59.

S&P Global Company Profile

S&P Global Inc (NYSE: SPGI) is a global provider of financial information, analytics, benchmarks and credit ratings. The company serves financial institutions, corporations, governments and other organizations by helping them assess credit risk, evaluate markets, manage portfolios, analyze supply chains and make business decisions.

Its principal businesses include S&P Global Ratings, which provides credit ratings, research and related analytical services; S&P Global Market Intelligence, which delivers financial and industry data, research and workflow solutions; and S&P Global Commodity Insights, which supplies pricing information, market analysis and intelligence for energy and commodities markets.