MSCI Inc (MSCI) To Go Ex-Dividend on August 14th

MSCI Inc (NYSE:MSCI) declared a quarterly dividend on Monday, July 20th. Stockholders of record on Friday, August 14th will be given a dividend of 2.05 per share by the technology company on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th.

MSCI has raised its dividend by an average of 0.2%annually over the last three years and has raised its dividend every year for the last 11 years. MSCI has a dividend payout ratio of 43.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect MSCI to earn $22.35 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 36.7%.

MSCI Trading Down 0.2%

Shares of MSCI stock opened at $561.74 on Wednesday. The firm has a fifty day simple moving average of $589.20 and a 200-day simple moving average of $575.24. The company has a market capitalization of $40.84 billion, a PE ratio of 30.73, a price-to-earnings-growth ratio of 2.15 and a beta of 1.23. MSCI has a twelve month low of $501.08 and a twelve month high of $644.77.

MSCI (NYSE:MSCI) last released its quarterly earnings results on Tuesday, July 21st. The technology company reported $4.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.99 by ($0.05). The firm had revenue of $867.00 million for the quarter, compared to analysts’ expectations of $870.71 million. MSCI had a negative return on equity of 55.19% and a net margin of 40.74%.The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the firm earned $4.17 EPS. Equities research analysts predict that MSCI will post 19.61 EPS for the current year.

Institutional Investors Weigh In On MSCI

Institutional investors have recently modified their holdings of the stock. Mowery & Schoenfeld Wealth Management LLC increased its holdings in MSCI by 341.7% in the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 53 shares of the technology company’s stock valued at $30,000 after buying an additional 41 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new position in MSCI during the 4th quarter worth approximately $30,000. Eagle Bay Advisors LLC bought a new position in MSCI during the 4th quarter worth approximately $34,000. Elyxium Wealth LLC acquired a new position in shares of MSCI in the 4th quarter worth approximately $34,000. Finally, Compound Global Advisors LLC acquired a new position in shares of MSCI in the 2nd quarter worth approximately $34,000. Institutional investors and hedge funds own 89.97% of the company’s stock.

MSCI Company Profile

MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.