Evertec, Inc. (NYSE:EVTC) Stock to Pay Quarterly Dividend of $0.05

Key Points

• Evertec declared a quarterly dividend of $0.05 per share, payable December 4 to shareholders of record as of November 9. The dividend equals $0.20 annually and yields approximately 0.6%.
• The dividend appears well covered, with a current payout ratio of 5.6%; analysts expect a similar 5.2% payout ratio next year based on projected earnings.
• Evertec recently exceeded quarterly earnings and revenue expectations, reporting $1.05 in EPS and $274.82 million in revenue, with revenue up 19.7% year over year.

Evertec, Inc. (NYSE:EVTC - Get Free Report) declared a quarterly dividend on Thursday, October 29th. Investors of record on Monday, November 9th will be given a dividend of $0.05 per share by the business services provider on Friday, December 4th. This represents a $0.20 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, November 9th.

Evertec has a payout ratio of 5.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Evertec to earn $3.84 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 5.2%.

Evertec Stock Down 0.6%

EVTC opened at $31.01 on Friday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.70 and a current ratio of 1.70. Evertec has a fifty-two week low of $21.81 and a fifty-two week high of $34.41. The company has a fifty day moving average of $29.55 and a two-hundred day moving average of $28.39. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 0.89 and a beta of 0.72.

Evertec (NYSE:EVTC - Get Free Report) last released its earnings results on Tuesday, August 4th. The business services provider reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.10. Evertec had a return on equity of 32.07% and a net margin of 9.80%. The business had revenue of $274.82 million for the quarter, compared to the consensus estimate of $262.24 million. During the same quarter last year, the business posted $0.89 earnings per share. The business's quarterly revenue was up 19.7% compared to the same quarter last year. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. On average, research analysts expect that Evertec will post 3.53 earnings per share for the current year.

About Evertec

Evertec, Inc is a payment processing and financial technology company that provides transaction-processing services and business technology solutions to financial institutions, merchants, government agencies and other organizations. The company operates through businesses that support electronic payments, merchant acquiring, payment networks and related financial services.

Its products and services include debit and credit card processing, point-of-sale and e-commerce payment acceptance, automated teller machine processing, prepaid services, electronic bill payment and money transfer solutions.

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