Janus Henderson Group plc (NYSE:JHG) to Issue Quarterly Dividend of $0.40

Key Points

• Janus Henderson Group plc has declared a quarterly dividend of $0.40 per share, with an expected payment date of August 28th for investors on record by August 11th, indicating a 3.8% dividend yield.
• The company's payout ratio stands at 44.1%, reflecting that the dividend is well-covered by earnings, with anticipated earnings of $4.17 per share next year.
• Janus Henderson Group reported a $0.90 EPS for the last quarter, surpassing analyst expectations, and saw a 7.6% increase in revenue year-over-year to $633.2 million.

Janus Henderson Group plc (NYSE:JHG - Get Free Report) declared a quarterly dividend on Friday, August 1st, Wall Street Journal reports. Investors of record on Monday, August 11th will be paid a dividend of 0.40 per share on Thursday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Monday, August 11th.

Janus Henderson Group has a payout ratio of 44.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Janus Henderson Group to earn $4.17 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 38.4%.

Janus Henderson Group Trading Down 2.3%

Shares of Janus Henderson Group stock traded down $0.98 during midday trading on Friday, reaching $42.32. 1,592,478 shares of the company's stock traded hands, compared to its average volume of 1,298,855. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.67 and a current ratio of 4.38. The company has a market cap of $6.67 billion, a PE ratio of 16.79, a price-to-earnings-growth ratio of 1.35 and a beta of 1.43. The stock has a 50 day moving average of $39.04 and a 200-day moving average of $38.42. Janus Henderson Group has a 12 month low of $28.26 and a 12 month high of $46.68.

Janus Henderson Group (NYSE:JHG - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.90 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.06. Janus Henderson Group had a return on equity of 12.13% and a net margin of 15.56%. The company had revenue of $633.20 million during the quarter, compared to the consensus estimate of $614.46 million. During the same quarter in the prior year, the company earned $0.85 earnings per share. The firm's revenue for the quarter was up 7.6% on a year-over-year basis. As a group, equities analysts expect that Janus Henderson Group will post 3.75 EPS for the current fiscal year.

Institutional Investors Weigh In On Janus Henderson Group

A number of hedge funds have recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. raised its position in Janus Henderson Group by 12.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 103,653 shares of the company's stock valued at $3,729,000 after purchasing an additional 11,435 shares during the period. GAMMA Investing LLC raised its position in Janus Henderson Group by 4,188.8% during the first quarter. GAMMA Investing LLC now owns 144,962 shares of the company's stock valued at $5,240,000 after purchasing an additional 141,582 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Janus Henderson Group by 28.8% during the first quarter. Envestnet Asset Management Inc. now owns 320,093 shares of the company's stock valued at $11,571,000 after buying an additional 71,553 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Janus Henderson Group by 23.7% during the first quarter. Assenagon Asset Management S.A. now owns 63,334 shares of the company's stock valued at $2,290,000 after buying an additional 12,119 shares during the last quarter. Finally, Mutual of America Capital Management LLC grew its stake in shares of Janus Henderson Group by 4.3% during the first quarter. Mutual of America Capital Management LLC now owns 319,131 shares of the company's stock valued at $11,537,000 after buying an additional 13,080 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

About Janus Henderson Group

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.

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