Fidelity National Information Services, Inc. (NYSE:FIS) Shares Set to Pay Quarterly Dividend of $0.44

Key Points

• FIS will pay a quarterly dividend of $0.44 per share on December 28 to shareholders of record as of December 14, representing an annualized dividend of $1.76 and a 4.7% yield.
• The dividend appears well covered, with a 28.2% payout ratio and projected earnings of $6.69 per share next year, implying an expected payout ratio of 26.3%.
• Shares opened at $37.21, near the lower end of their 52-week range, while analysts hold a consensus “Hold” rating with an average price target of $49.04.

Fidelity National Information Services, Inc. (NYSE:FIS - Get Free Report) announced a quarterly dividend on Thursday, October 29th. Investors of record on Monday, December 14th will be given a dividend of $0.44 per share by the information technology services provider on Monday, December 28th. This represents a $1.76 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Monday, December 14th.

Fidelity National Information Services has a payout ratio of 28.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Fidelity National Information Services to earn $6.69 per share next year, which means the company should continue to be able to cover its $1.76 annual dividend with an expected future payout ratio of 26.3%.

Fidelity National Information Services Stock Performance

NYSE:FIS opened at $37.21 on Friday. Fidelity National Information Services has a twelve month low of $32.10 and a twelve month high of $68.37. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96. The firm's fifty day simple moving average is $37.02 and its 200 day simple moving average is $44.03. The stock has a market cap of $19.23 billion, a P/E ratio of 5.72, a price-to-earnings-growth ratio of 0.43 and a beta of 0.81.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, topping analysts' consensus estimates of $1.47 by $0.01. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. The firm had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter in the prior year, the business earned $1.36 EPS. The business's revenue for the quarter was up 29.1% on a year-over-year basis. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. As a group, research analysts predict that Fidelity National Information Services will post 6.20 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Citigroup cut their price target on Fidelity National Information Services from $45.00 to $39.00 and set a "neutral" rating for the company in a research note on Friday, October 16th. Weiss Ratings lowered Fidelity National Information Services from a "hold (c-)" rating to a "sell (d+)" rating in a report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft cut their target price on Fidelity National Information Services from $45.00 to $40.00 and set a "hold" rating on the stock in a research note on Tuesday, September 29th. Stephens started coverage on Fidelity National Information Services in a research report on Tuesday, August 11th. They set an "equal weight" rating and a $50.00 target price for the company. Finally, National Bank Financial set a $45.00 target price on shares of Fidelity National Information Services in a research note on Friday, October 16th. Eleven analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $49.04.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc NYSE: FIS is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.

FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.

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