Broadridge Financial Solutions, Inc. Announces Quarterly Dividend of $0.98 (NYSE:BR)

Broadridge Financial Solutions, Inc. (NYSE:BR) announced a quarterly dividend on Thursday, May 21st. Investors of record on Friday, June 12th will be given a dividend of 0.975 per share by the business services provider on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, June 12th.

Broadridge Financial Solutions has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 18 years. Broadridge Financial Solutions has a payout ratio of 42.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Broadridge Financial Solutions to earn $10.41 per share next year, which means the company should continue to be able to cover its $3.90 annual dividend with an expected future payout ratio of 37.5%.

Broadridge Financial Solutions Stock Up 0.6%

Shares of BR stock traded up $0.91 during mid-day trading on Thursday, hitting $150.11. 1,091,531 shares of the stock traded hands, compared to its average volume of 1,456,788. The stock has a market cap of $17.36 billion, a P/E ratio of 16.07 and a beta of 0.89. The stock’s fifty day moving average is $160.64 and its two-hundred day moving average is $193.26. Broadridge Financial Solutions has a 52-week low of $139.79 and a 52-week high of $271.91. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.94 and a quick ratio of 0.94.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings data on Thursday, April 30th. The business services provider reported $2.72 EPS for the quarter, beating the consensus estimate of $2.63 by $0.09. The firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.90 billion. Broadridge Financial Solutions had a net margin of 15.03% and a return on equity of 40.14%. Broadridge Financial Solutions’s revenue was up 7.8% on a year-over-year basis. During the same period last year, the firm posted $2.44 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Equities analysts predict that Broadridge Financial Solutions will post 9.55 EPS for the current year.

Broadridge Financial Solutions Company Profile

Broadridge Financial Solutions is a global fintech company that provides technology-driven solutions and outsourcing services to the financial services industry. The firm’s core offerings center on investor communications, securities processing and post-trade services, and technology platforms that support capital markets and wealth management operations. Broadridge positions itself as a provider of mission-critical infrastructure that helps financial institutions manage regulatory requirements, investor engagement and operational complexity.

Products and services include proxy and shareholder communications, investor disclosure and digital communications, proxy voting and tabulation, clearing and settlement support, trade processing and reconciliation, and a range of software-as-a-service platforms for wealth and asset managers.