Expedia Group, Inc. (NASDAQ:EXPE) Announces Quarterly Dividend of $0.48

Expedia Group, Inc. (NASDAQ:EXPE) declared a quarterly dividend on Wednesday, November 4th. Stockholders of record on Wednesday, November 18th will be paid a dividend of $0.48 per share by the online travel company on Thursday, December 10th. This represents a $1.92 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Wednesday, November 18th.

Expedia Group has increased its dividend by an average of 0.4% per year over the last three years. Expedia Group has a dividend payout ratio of 11.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Expedia Group to earn $20.46 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 9.4%.

Expedia Group Stock Up 10.5%

NASDAQ EXPE opened at $315.88 on Thursday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.21. Expedia Group has a 1-year low of $185.34 and a 1-year high of $342.00. The company has a 50 day moving average of $284.21 and a 200-day moving average of $259.60. The company has a market cap of $37.91 billion, a price-to-earnings ratio of 17.40, a PEG ratio of 0.69 and a beta of 1.39.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Wednesday, November 4th. The online travel company reported $9.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.85 by $0.54. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%. The business had revenue of $4.94 billion for the quarter, compared to the consensus estimate of $4.73 billion. During the same quarter in the prior year, the business posted $7.57 earnings per share. The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. On average, equities research analysts expect that Expedia Group will post 17.37 earnings per share for the current fiscal year.

Expedia Group Company Profile

Expedia Group, Inc is an online travel company that connects travelers with a broad range of travel products and services. Its offerings include hotel and vacation-rental accommodations, flights, car rentals, cruises, activities, and travel packages. The company serves consumers through its online travel brands and also provides technology, distribution, and marketing solutions to travel suppliers and other business partners.

Expedia Group’s consumer brands include Expedia, Hotels.com, Vrbo, Orbitz, Travelocity, Wotif, ebookers, CheapTickets, Abritel, and FeWo-direkt, among others.