MSCI Inc (NYSE:MSCI) to Issue Quarterly Dividend of $2.05

MSCI Inc (NYSE:MSCIGet Free Report) announced a quarterly dividend on Monday, July 20th. Shareholders of record on Friday, August 14th will be paid a dividend of 2.05 per share by the technology company on Friday, August 28th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, August 14th.

MSCI has increased its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 11 consecutive years. MSCI has a payout ratio of 43.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect MSCI to earn $22.77 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 36.0%.

MSCI Price Performance

NYSE:MSCI traded down $64.80 on Tuesday, hitting $560.31. 2,008,638 shares of the company’s stock were exchanged, compared to its average volume of 646,310. The firm has a 50-day moving average price of $597.67 and a 200-day moving average price of $577.13. MSCI has a 52 week low of $501.08 and a 52 week high of $644.77. The company has a market cap of $40.79 billion, a P/E ratio of 32.00, a price-to-earnings-growth ratio of 2.27 and a beta of 1.24.

MSCI (NYSE:MSCIGet Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The technology company reported $4.94 EPS for the quarter, missing analysts’ consensus estimates of $4.97 by ($0.03). The business had revenue of $867.00 million for the quarter, compared to analyst estimates of $869.54 million. MSCI had a negative return on equity of 65.48% and a net margin of 40.74%.The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.17 earnings per share. On average, research analysts expect that MSCI will post 19.84 earnings per share for the current fiscal year.

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MSCI Company Profile

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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.

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Dividend History for MSCI (NYSE:MSCI)

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