RingCentral, Inc. (RNG) to Issue Quarterly Dividend of $0.12 on August 20th

RingCentral, Inc. (NYSE:RNG) declared a quarterly dividend on Thursday, July 23rd. Stockholders of record on Thursday, August 6th will be paid a dividend of 0.125 per share by the software maker on Thursday, August 20th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, August 6th. This is a 66.7% increase from RingCentral’s previous quarterly dividend of $0.07.

RingCentral Stock Performance

Shares of NYSE RNG opened at $57.14 on Tuesday. RingCentral has a 1 year low of $23.59 and a 1 year high of $58.98. The firm has a market cap of $4.77 billion, a P/E ratio of 45.71, a PEG ratio of 0.97 and a beta of 1.14. The stock has a fifty day moving average price of $41.99 and a two-hundred day moving average price of $37.97.

RingCentral (NYSE:RNG) last announced its quarterly earnings data on Thursday, July 23rd. The software maker reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.06. RingCentral had a negative return on equity of 34.49% and a net margin of 4.27%.The business had revenue of $657.01 million during the quarter, compared to analyst estimates of $650.53 million. During the same quarter in the prior year, the firm posted $1.06 earnings per share. The company’s revenue was up 5.9% on a year-over-year basis. RingCentral has set its FY 2026 guidance at 4.960-5.100 EPS and its Q3 2026 guidance at 1.250-1.300 EPS. On average, research analysts predict that RingCentral will post 2.88 earnings per share for the current fiscal year.

RingCentral Company Profile

RingCentral, Inc is a leading provider of cloud-based business communications and collaboration solutions. The company’s flagship platform delivers unified communications as a service (UCaaS), integrating voice over IP (VoIP) phone systems, video conferencing, team messaging and SMS into a single, cloud-native application. In addition to its UCaaS offering, RingCentral provides contact center as a service (CCaaS) capabilities, enabling organizations to manage customer interactions across voice, email, chat and social channels from a centralized dashboard.

Founded in 1999 and headquartered in Belmont, California, RingCentral went public on the New York Stock Exchange under the ticker RNG in 2013.