Broadridge Financial Solutions, Inc. (BR) To Go Ex-Dividend on June 12th

Broadridge Financial Solutions, Inc. (NYSE:BR) announced a quarterly dividend on Thursday, May 21st. Investors of record on Friday, June 12th will be paid a dividend of 0.975 per share by the business services provider on Thursday, July 2nd. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, June 12th.

Broadridge Financial Solutions has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 18 years. Broadridge Financial Solutions has a payout ratio of 42.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Broadridge Financial Solutions to earn $10.41 per share next year, which means the company should continue to be able to cover its $3.90 annual dividend with an expected future payout ratio of 37.5%.

Broadridge Financial Solutions Trading Up 0.7%

Shares of NYSE BR opened at $150.06 on Wednesday. The stock has a market cap of $17.36 billion, a price-to-earnings ratio of 16.07 and a beta of 0.88. The business has a 50 day simple moving average of $154.61 and a 200 day simple moving average of $186.23. Broadridge Financial Solutions has a 52 week low of $139.79 and a 52 week high of $271.91. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.94 and a current ratio of 0.94.

Broadridge Financial Solutions (NYSE:BR) last announced its quarterly earnings results on Thursday, April 30th. The business services provider reported $2.72 EPS for the quarter, beating the consensus estimate of $2.63 by $0.09. The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Broadridge Financial Solutions had a return on equity of 40.14% and a net margin of 15.03%.The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.44 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. On average, research analysts predict that Broadridge Financial Solutions will post 9.55 earnings per share for the current fiscal year.

About Broadridge Financial Solutions

Broadridge Financial Solutions is a global fintech company that provides technology-driven solutions and outsourcing services to the financial services industry. The firm’s core offerings center on investor communications, securities processing and post-trade services, and technology platforms that support capital markets and wealth management operations. Broadridge positions itself as a provider of mission-critical infrastructure that helps financial institutions manage regulatory requirements, investor engagement and operational complexity.

Products and services include proxy and shareholder communications, investor disclosure and digital communications, proxy voting and tabulation, clearing and settlement support, trade processing and reconciliation, and a range of software-as-a-service platforms for wealth and asset managers.