FactSet Research Systems Inc. (FDS) To Go Ex-Dividend on November 28th

FactSet Research Systems Inc. (NYSE:FDS) announced a quarterly dividend on Monday, November 3rd. Stockholders of record on Friday, November 28th will be paid a dividend of 1.10 per share by the business services provider on Thursday, December 18th. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, November 28th.

FactSet Research Systems has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 27 years. FactSet Research Systems has a payout ratio of 24.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect FactSet Research Systems to earn $18.68 per share next year, which means the company should continue to be able to cover its $4.40 annual dividend with an expected future payout ratio of 23.6%.

FactSet Research Systems Price Performance

FDS stock traded up $0.22 during trading on Wednesday, reaching $278.95. The company’s stock had a trading volume of 74,199 shares, compared to its average volume of 476,942. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.63. The company’s fifty day moving average is $280.49 and its 200-day moving average is $368.81. The company has a market capitalization of $10.44 billion, a P/E ratio of 17.95, a price-to-earnings-growth ratio of 2.73 and a beta of 0.77. FactSet Research Systems has a 1 year low of $250.50 and a 1 year high of $496.90.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Wednesday, September 17th. The business services provider reported $4.05 EPS for the quarter, missing the consensus estimate of $4.13 by ($0.08). FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The business had revenue of $596.90 million during the quarter, compared to analysts’ expectations of $593.32 million. During the same quarter in the previous year, the firm earned $3.74 earnings per share. FactSet Research Systems’s revenue was up 6.2% on a year-over-year basis. On average, research analysts expect that FactSet Research Systems will post 17.21 earnings per share for the current fiscal year.

About FactSet Research Systems

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.