TransUnion (NYSE:TRU) Increases Dividend to $0.14 Per Share

Key Points

• TransUnion raised its quarterly dividend 8% to $0.135 per share, equivalent to $0.54 annually and a 0.7% yield. Shareholders of record November 10 will be paid November 25.
• The dividend appears well covered, with a 10.5% payout ratio and analysts expecting $4.77 in earnings per share next year.
• TransUnion reported quarterly EPS of $1.25, beating estimates of $1.21, while revenue reached $1.31 billion, up 12.2% year over year.

TransUnion (NYSE:TRU - Get Free Report) announced a quarterly dividend on Tuesday, October 27th. Shareholders of record on Tuesday, November 10th will be paid a dividend of $0.1350 per share by the business services provider on Wednesday, November 25th. This represents a $0.54 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, November 10th. This is a 8.0% increase from TransUnion's previous quarterly dividend of $0.1250.

TransUnion has raised its dividend by an average of 0.1% per year over the last three years and has raised its dividend annually for the last 1 consecutive years. TransUnion has a payout ratio of 10.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect TransUnion to earn $4.77 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 10.5%.

TransUnion Price Performance

Shares of NYSE TRU traded down $4.49 during midday trading on Tuesday, reaching $75.13. The company's stock had a trading volume of 4,871,655 shares, compared to its average volume of 2,563,854. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.90 and a current ratio of 1.90. TransUnion has a fifty-two week low of $60.96 and a fifty-two week high of $89.12. The business's 50 day moving average price is $75.01 and its two-hundred day moving average price is $74.45. The company has a market cap of $14.39 billion, a P/E ratio of 19.82, a P/E/G ratio of 1.48 and a beta of 1.58.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The business services provider reported $1.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.04. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.31 billion. TransUnion had a return on equity of 16.29% and a net margin of 15.08%. The firm's quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.10 earnings per share. On average, analysts forecast that TransUnion will post 4.24 EPS for the current fiscal year.

TransUnion Company Profile

TransUnion NYSE: TRU is a global information and insights company that helps businesses and consumers make more informed decisions. The company collects, analyzes and delivers data related to credit, identity, fraud and consumer behavior, serving customers across financial services, insurance, healthcare, retail, telecommunications and other industries.

Its products and services include consumer credit reports and scores, credit-risk assessment, marketing and audience insights, identity verification, fraud detection, investigative tools and decisioning software.

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