Signet Jewelers Limited (SIG) To Go Ex-Dividend on July 24th

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

Signet Jewelers has a payout ratio of 14.0% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Price Performance

Shares of SIG stock opened at $87.92 on Wednesday. The stock 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 has a 1-year low of $71.61 and a 1-year high of $110.20. The business has a 50-day moving average of $86.42 and a 200 day moving average of $89.55.

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

Key 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.