Thomson Reuters Corp (NASDAQ:TRI) to Issue $0.60 Quarterly Dividend

Key Points

• Thomson Reuters Corp announced a quarterly dividend of $0.60 per share, with stockholders of record set to receive it on September 10th.
• The company's stock rose 0.9%, trading at $181.56, with a market cap of $81.82 billion and a P/E ratio of 37.90.
• In its latest earnings report, Thomson Reuters beat analysts' expectations with an EPS of $0.87, while reporting revenue of $1.79 billion for the quarter.

Thomson Reuters Corp (NASDAQ:TRI - Get Free Report) announced a quarterly dividend on Thursday, August 7th, Wall Street Journal reports. Stockholders of record on Tuesday, August 19th will be given a dividend of 0.595 per share 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 Stock 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 855,525. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.15. The firm has a market cap of $81.82 billion, a P/E ratio of 37.90, a PEG ratio of 6.41 and a beta of 0.77. Thomson Reuters has a twelve month low of $151.60 and a twelve month high of $218.42.

Thomson Reuters (NASDAQ:TRI - Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.04. The business had revenue of $1.79 billion during the quarter, compared to analysts' expectations of $1.79 billion. Thomson Reuters had a net margin of 29.74% and a return on equity of 14.26%.

Thomson Reuters Company Profile

Thomson Reuters Corporation provides 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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