Signet Jewelers Limited Declares Quarterly Dividend of $0.35 (NYSE:SIG)

Signet Jewelers Limited (NYSE:SIG) announced a quarterly dividend on Monday, June 1st. Stockholders of record on Friday, July 24th will be paid a dividend of 0.35 per share on Friday, August 21st. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, July 24th.

Signet Jewelers has a dividend payout ratio of 14.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Signet Jewelers to earn $11.23 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 11.4%.

Signet Jewelers Stock Performance

Shares of NYSE:SIG opened at $87.92 on Wednesday. Signet Jewelers has a 52 week low of $71.61 and a 52 week high of $110.20. The company’s fifty day moving average is $86.42 and its 200-day moving average is $89.55. The company has a market capitalization of $3.52 billion, a PE ratio of 12.33, a P/E/G ratio of 0.98 and a beta of 1.17.

Signet Jewelers (NYSE:SIG) last announced its earnings results on Tuesday, June 2nd. The company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.38 by $0.18. The business had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.55 billion. Signet Jewelers had a return on equity of 22.22% and a net margin of 4.32%.Signet Jewelers’s revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.18 EPS. Signet Jewelers has set its FY 2027 guidance at 9.200-11.000 EPS. On average, analysts forecast that Signet Jewelers will post 10.3 EPS for the current year.

More Signet Jewelers News

Here are the key news stories impacting Signet Jewelers this week:

• Positive Sentiment: Signet beat Q1 profit estimates and posted higher year-over-year earnings, reinforcing the idea that its turnaround is holding up. Signet Jewelers Reports First Quarter Fiscal 2027 Results
• Positive Sentiment: The company raised its FY2027 guidance, signaling management is more confident in sales and profit trends after the strong quarter. Signet Jewelers Reports Higher Sales, Raises Guidance
• Positive Sentiment: Signet announced a $50 million accelerated share repurchase program, which investors may view as a sign of confidence and a support for earnings per share. After Guidance Hike, Is Signet Jewelers a Buy?
• Positive Sentiment: The board also declared a quarterly dividend, adding to the stock’s shareholder-return story. Why Signet Jewelers Stock Topped the Market Today
• Neutral Sentiment: Revenue was essentially in line with Wall Street expectations, so the move is being driven more by earnings strength, guidance, and buybacks than by a sales beat.

Signet Jewelers Company Profile

Signet Jewelers Ltd is the world’s largest retailer of diamond jewelry, operating a diversified network of retail stores across the United States, Canada, the United Kingdom and Ireland. Its portfolio includes well-established banners such as Kay Jewelers, Zales, Jared The Galleria of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda, offering customers a range of shopping environments from suburban malls to high-street locations.

The company’s product assortment encompasses engagement rings, wedding bands, fine fashion jewelry and timepieces, complemented by services including jewelry cleaning, repairs, appraisals and extended care plans.