Thomson Reuters Co. Plans Quarterly Dividend of $0.60 (NYSE:TRI)

Key Points

• Thomson Reuters Co. announced a quarterly dividend of $0.60 per share, with stockholders of record set to be paid on September 10th.
• The company reported earnings per share of $0.87 for the last quarter, exceeding analysts' expectations of $0.83, and achieved a revenue of $1.81 billion.
• Thomson Reuters' stock saw a rise of 0.9%, trading at $181.56, with a market capitalization of $81.82 billion.

Thomson Reuters Co. (NYSE:TRI - Get Free Report) TSE: TRI declared a quarterly dividend on Tuesday, August 5th, NASDAQ Dividends reports. Stockholders of record on Tuesday, August 19th will be paid a dividend of 0.595 per share by the business services provider on Wednesday, September 10th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, August 19th.

Thomson Reuters Trading Up 0.9%

TRI traded up $1.59 during trading on Thursday, hitting $181.56. The company's stock had a trading volume of 1,778,870 shares, compared to its average volume of 855,538. The stock has a market cap of $81.82 billion, a PE ratio of 37.13, a PEG ratio of 5.67 and a beta of 0.77. Thomson Reuters has a twelve month low of $151.60 and a twelve month high of $218.42. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.94. The firm's 50 day moving average price is $199.39 and its 200-day moving average price is $184.67.

Thomson Reuters (NYSE:TRI - Get Free Report) TSE: TRI last announced its earnings results on Wednesday, August 6th. The business services provider reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.83 by $0.04. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.79 billion. Thomson Reuters had a return on equity of 14.62% and a net margin of 30.45%. The company's revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.85 earnings per share. On average, analysts expect that Thomson Reuters will post 3.89 earnings per share for the current year.

Thomson Reuters Company Profile

Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.

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