Thomson Reuters Corp (TRI) To Go Ex-Dividend on May 20th

Thomson Reuters Corp (NASDAQ:TRIGet Free Report) declared a quarterly dividend on Monday, May 4th. Stockholders of record on Wednesday, May 20th will be given a dividend of 0.655 per share on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, May 20th.

Thomson Reuters has decreased its dividend by an average of 0.1%per year over the last three years. Thomson Reuters has a payout ratio of 71.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Thomson Reuters to earn $5.08 per share next year, which means the company should continue to be able to cover its $2.62 annual dividend with an expected future payout ratio of 51.6%.

Thomson Reuters Stock Down 2.9%

NASDAQ:TRI opened at $92.67 on Wednesday. The stock has a 50-day simple moving average of $93.87 and a 200 day simple moving average of $116.00. Thomson Reuters has a 52-week low of $79.71 and a 52-week high of $218.42. The company has a market cap of $40.42 billion, a PE ratio of 27.97, a PEG ratio of 1.40 and a beta of 0.80. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.64 and a current ratio of 0.64.

Thomson Reuters (NASDAQ:TRIGet Free Report) last released its earnings results on Tuesday, May 5th. The company reported $1.23 EPS for the quarter, beating the consensus estimate of $1.18 by $0.05. Thomson Reuters had a return on equity of 14.51% and a net margin of 20.09%.The firm had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $2 billion. During the same quarter in the previous year, the business posted $1.12 EPS. The business’s quarterly revenue was up 9.8% compared to the same quarter last year. On average, sell-side analysts expect that Thomson Reuters will post 4.47 EPS for the current fiscal year.

Thomson Reuters News Roundup

Here are the key news stories impacting Thomson Reuters this week:

Thomson Reuters Company Profile

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Thomson Reuters is a global provider of information and technology solutions for professional markets, including financial services, legal, tax and accounting, and media industries. The company delivers a range of data, analytics and software tools designed to help customers make informed decisions, manage risk and stay compliant with evolving regulations. Its key offerings include the Eikon financial data platform, Westlaw legal research service, Checkpoint tax and accounting solution, and Reuters News, which supplies real‐time journalism to media organizations worldwide.

Formed in 2008 through the merger of Canada’s Thomson Corporation (founded in 1934) and the UK’s Reuters Group (established in 1851), Thomson Reuters has built on a legacy of journalistic integrity and information innovation.

See Also

Dividend History for Thomson Reuters (NASDAQ:TRI)

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