MSCI Inc (MSCI) to Distribute Quarterly Dividend of $2.05 on November 27th

MSCI Inc (NYSE:MSCI) announced a quarterly dividend on Monday, October 19th. Stockholders of record on Friday, November 13th will be given a dividend of $2.05 per share by the technology company on Friday, November 27th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, November 13th.

MSCI has increased its dividend by an average of 0.2% annually over the last three years and has raised its dividend annually for the last 11 consecutive years. MSCI has a payout ratio of 43.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect MSCI to earn $22.31 per share next year, which means the company should continue to be able to cover its $8.20 annual dividend with an expected future payout ratio of 36.8%.

MSCI Stock Performance

MSCI opened at $656.62 on Wednesday. The company has a 50-day moving average of $578.75 and a 200-day moving average of $575.59. The company has a market capitalization of $46.95 billion, a P/E ratio of 34.76, a PEG ratio of 2.56 and a beta of 1.20. MSCI has a 1-year low of $501.08 and a 1-year high of $681.04.

MSCI (NYSE:MSCI) last released its earnings results on Tuesday, October 20th. The technology company reported $5.11 earnings per share for the quarter, beating the consensus estimate of $5.03 by $0.08. The firm had revenue of $892.00 million during the quarter, compared to analyst estimates of $887.83 million. MSCI had a net margin of 40.31% and a negative return on equity of 50.69%. The firm’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.47 earnings per share. As a group, sell-side analysts expect that MSCI will post 19.59 earnings per share for the current fiscal year.

MSCI Company Profile

MSCI Inc. is a global provider of investment decision-support tools and services for asset managers, banks, insurers, pension funds and other financial institutions. Its offerings include indexes used to benchmark and develop investment products, as well as portfolio risk, performance and attribution analytics. The company also provides environmental, social and governance data and research, climate-related tools, and analytics covering private assets and real estate. These products help clients assess investments, manage portfolios and evaluate risks across public and private markets.