Vertiv Holdings Co. Announces Quarterly Dividend of $0.04 (NYSE:VRT)

Key Points

• Vertiv Holdings Co. announced a quarterly dividend of $0.04 per share, with a payout ratio of 3.4%, indicating strong earnings coverage.
• During mid-day trading, Vertiv's stock rose 1.3% to $125.56, having a market capitalization of approximately $47.95 billion.
• Recent institutional activity includes multiple investors increasing their stakes, with 89.92% of the company's stock now owned by institutional investors and hedge funds.

Vertiv Holdings Co. (NYSE:VRT - Get Free Report) declared a quarterly dividend on Wednesday, September 3rd, RTT News reports. Investors of record on Monday, September 15th will be given a dividend of 0.0375 per share on Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, September 15th.

Vertiv has a payout ratio of 3.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect Vertiv to earn $4.46 per share next year, which means the company should continue to be able to cover its $0.15 annual dividend with an expected future payout ratio of 3.4%.

Vertiv Trading Down 1.3%

Vertiv stock traded down $1.68 during midday trading on Friday, reaching $124.02. The stock had a trading volume of 7,717,454 shares, compared to its average volume of 5,678,286. The firm's fifty day simple moving average is $131.26 and its two-hundred day simple moving average is $106.53. Vertiv has a twelve month low of $53.60 and a twelve month high of $155.84. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. The firm has a market cap of $47.36 billion, a price-to-earnings ratio of 59.34, a PEG ratio of 1.11 and a beta of 1.78.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The firm had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.36 billion. During the same quarter last year, the business posted $0.67 EPS. The company's revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities analysts anticipate that Vertiv will post 3.59 EPS for the current fiscal year.

Vertiv Company Profile

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.