Dun & Bradstreet Holdings, Inc. (DNB) to Issue Quarterly Dividend of $0.05 on March 20th

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) declared a quarterly dividend on Thursday, February 6th, RTT News reports. Shareholders of record on Thursday, March 6th will be given a dividend of 0.05 per share by the business services provider on Thursday, March 20th. This represents a $0.20 annualized dividend and a yield of 2.22%. The ex-dividend date is Thursday, March 6th.

Dun & Bradstreet has a dividend payout ratio of 17.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Dun & Bradstreet to earn $1.05 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 19.0%.

Dun & Bradstreet Stock Down 0.7 %

Dun & Bradstreet stock opened at $9.01 on Tuesday. The stock has a market cap of $3.98 billion, a price-to-earnings ratio of -150.14, a PEG ratio of 2.21 and a beta of 1.14. The company has a current ratio of 0.65, a quick ratio of 0.70 and a debt-to-equity ratio of 1.06. The company’s 50-day moving average price is $11.25 and its two-hundred day moving average price is $11.64. Dun & Bradstreet has a 52 week low of $8.77 and a 52 week high of $12.94.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Thursday, February 20th. The business services provider reported $0.27 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.05). The company had revenue of $631.90 million for the quarter, compared to analyst estimates of $658.04 million. Dun & Bradstreet had a negative net margin of 1.20% and a positive return on equity of 11.29%. On average, analysts expect that Dun & Bradstreet will post 0.96 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group lowered their price objective on shares of Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating on the stock in a research note on Friday, February 21st. Needham & Company LLC lowered their price objective on shares of Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $12.00 price objective on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, Dun & Bradstreet has a consensus rating of “Hold” and a consensus price target of $12.50.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.