Pearson, PLC Declares Dividend of $0.23 (NYSE:PSO)

Key Points

• Pearson declared a dividend of $0.2346 per share, payable May 15 to shareholders of record March 20 with the ex-dividend date on March 20 (MarketBeat reported a 364.0% yield).
• Dividend coverage appears solid: Pearson has a current payout ratio of 48.9%, and analysts expect $0.83 EPS next year, which should allow the company to cover a $0.46 annual dividend (implied future payout ratio ~55.4%).
• Recent stock and balance-sheet metrics: Pearson opened at $13.29, with a 12‑month range of $12.02–$16.70, a quick ratio of 1.94, current ratio of 2.00, and debt-to-equity of 0.39.

Pearson, PLC (NYSE:PSO - Get Free Report) announced a dividend on Friday, February 27th. Investors of record on Friday, March 20th will be given a dividend of 0.2346 per share on Friday, May 15th. This represents a yield of 364.0%. The ex-dividend date of this dividend is Friday, March 20th.

Pearson has increased its dividend payment by an average of 0.1%annually over the last three years. Pearson has a payout ratio of 48.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect Pearson to earn $0.83 per share next year, which means the company should continue to be able to cover its $0.46 annual dividend with an expected future payout ratio of 55.4%.

Pearson Stock Up 0.5%

Pearson stock opened at $13.29 on Wednesday. Pearson has a 12-month low of $12.02 and a 12-month high of $16.70. The firm's 50-day moving average is $12.92 and its two-hundred day moving average is $13.56. The company has a quick ratio of 1.94, a current ratio of 2.00 and a debt-to-equity ratio of 0.39.

Institutional Trading of Pearson

Institutional investors have recently made changes to their positions in the stock. CIBC Private Wealth Group LLC lifted its position in Pearson by 952.1% in the third quarter. CIBC Private Wealth Group LLC now owns 1,757 shares of the company's stock worth $25,000 after purchasing an additional 1,590 shares during the period. Kestra Advisory Services LLC acquired a new position in Pearson in the fourth quarter worth approximately $35,000. Farther Finance Advisors LLC increased its holdings in shares of Pearson by 54.2% in the fourth quarter. Farther Finance Advisors LLC now owns 2,947 shares of the company's stock valued at $41,000 after buying an additional 1,036 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Pearson in the fourth quarter valued at $42,000. Finally, AlphaCore Capital LLC acquired a new stake in shares of Pearson during the 2nd quarter valued at $70,000. 2.14% of the stock is owned by institutional investors and hedge funds.

About Pearson

Pearson plc is a global education company headquartered in London, England, with significant operations in North America, Europe, Asia, and Latin America. Tracing its roots back to 1844, Pearson evolved from its early beginnings into one of the world's leading providers of educational content, digital learning tools, and assessment services. The company's American subsidiary trades on the New York Stock Exchange under the symbol PSO.

Pearson's core business encompasses a broad portfolio of products and services for learners, educators, and institutions.

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