Dun & Bradstreet Holdings, Inc. (NYSE:DNB) declared a first-quarter cash dividend of $0.05 per share on Wednesday, February 14th, Marketbeat Ratings reports. Investors of record on Thursday, March 1st will be given a dividend of 0.058 per share by the business services provider on Thursday, March 8th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date of this dividend is 7th March 2024.
Dun & Bradstreet has raised its dividend payment by an average of 14.2% annually over the last three years and has increased its dividend annually for the last 13 consecutive years.
Shares of Dun & Bradstreet opened at $75.00 on Thursday. The company has a quick ratio of 0.71, a debt-to-equity ratio of 3.53, and a current ratio of 0.68. Dun & Bradstreet has a fifty-two-week low of $25.29 and a fifty-two-week high of $76.11. The company has a market cap of $13.70 billion, a price-to-earnings ratio of 30.88, a price-to-earnings-growth ratio of 3.86, and a beta of 1.09.
Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Wednesday, January 31st. The business services provider reported $3.22 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.05 by $1.17. Dun & Bradstreet had a net margin of 11.95% and a return on equity of 81.57%. The company had revenue of $527.30 million during the quarter, compared to analysts’ expectations of $530.57 million. During the same period last year, the company earned $1.99 earnings per share. The firm’s revenue for the quarter was up 6.1% compared to the same quarter last year. Research analysts anticipate that Dun & Bradstreet will post 8.07 EPS for the current fiscal year.
Several analysts have recently commented on DNB shares. Zacks Investment Research raised shares of Dun & Bradstreet from a hold rating to a buy rating and set a $92.00 price objective on the stock in a research report on Tuesday, January 2nd. Goldman Sachs Group started coverage on shares of Dun & Bradstreet in a research report on Friday, January 5th. They set a buy rating and a $95.00 price objective on the stock. Barclays reissued a hold rating on shares of Dun & Bradstreet in a research report on Friday, November 10th. Finally, Robert W. Baird reissued a buy rating and set a $98.00 price objective on shares of Dun & Bradstreet in a research report on Wednesday, November 1st. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of $97.00.
In related news, Chairman William P. Foley II bought 1,815,000 shares of the company’s stock in a transaction on Monday, December 18th. The stock was bought at an average price of $55.00 per share, with a total value of $99,825,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Theodore Schlein bought 20,000 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were acquired at an average cost of $52.30 per share, with a total value of $1,046,000.00. Following the acquisition, the chief executive officer now directly owns 20,000 shares of the company’s stock, valued at $1,046,000. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 5,795,000 shares of company stock valued at $319,225,000.
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Dun & Bradstreet Holdings, Inc is a provider of commercial data, analytics and insight on businesses. The Company’s segments include Risk Management Solutions (RMS), Government Solutions (GS), Customer Management Solutions (CMS) and Business-to-Business (B2B). RMS sells its products and services to financial institutions, insurance companies, manufacturers, retailers, healthcare providers and other third-party risk managers. GS offers its products and services to corporate, government and other professional organizations. CMS sells its products and services to sales and marketing professionals through its business. B2B offers its products and services to customers online.
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