FactSet Research Systems Inc. Announces Quarterly Dividend of $1.16 (NYSE:FDS)

Key Points

• FactSet declared a quarterly dividend of $1.16 per share, payable September 17 to shareholders of record on August 31, representing an annualized dividend of $4.64 and a 1.6% yield.
• The company has raised its dividend for 27 consecutive years, with a 25.4% payout ratio. Analysts expect future earnings to comfortably cover the dividend, implying a projected payout ratio of 23.4%.
• FactSet shares rose 3.6% to $287.92 in Thursday trading. Its latest quarterly results exceeded expectations, with $4.53 in adjusted earnings per share and $622.92 million in revenue, up 6.4% year over year.

FactSet Research Systems Inc. (NYSE:FDS - Get Free Report) declared a quarterly dividend on Thursday, August 13th. Shareholders of record on Monday, August 31st will be paid a dividend of 1.16 per share by the business services provider on Thursday, September 17th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, August 31st.

FactSet Research Systems has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 27 years. FactSet Research Systems has a payout ratio of 25.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect FactSet Research Systems to earn $19.79 per share next year, which means the company should continue to be able to cover its $4.64 annual dividend with an expected future payout ratio of 23.4%.

FactSet Research Systems Trading Up 3.6%

Shares of NYSE:FDS traded up $9.93 during trading on Thursday, reaching $287.92. 686,844 shares of the company were exchanged, compared to its average volume of 958,554. The business's fifty day simple moving average is $251.02 and its 200-day simple moving average is $232.18. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68. FactSet Research Systems has a 12-month low of $185.00 and a 12-month high of $387.75. The firm has a market capitalization of $10.24 billion, a PE ratio of 18.97, a P/E/G ratio of 1.90 and a beta of 0.70.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its earnings results on Wednesday, July 1st. The business services provider reported $4.53 earnings per share for the quarter, topping analysts' consensus estimates of $4.44 by $0.09. FactSet Research Systems had a return on equity of 30.68% and a net margin of 23.21%.The company had revenue of $622.92 million during the quarter, compared to analyst estimates of $617.91 million. During the same quarter in the prior year, the business earned $4.27 earnings per share. FactSet Research Systems's revenue was up 6.4% on a year-over-year basis. FactSet Research Systems has set its FY 2026 guidance at 17.250-17.750 EPS. On average, research analysts anticipate that FactSet Research Systems will post 17.76 EPS for the current year.

FactSet Research Systems Company Profile

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company's core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.

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