Equifax Inc. to Issue Quarterly Dividend of $0.39 (NYSE:EFX)

Equifax Inc. (NYSE:EFX) declared a quarterly dividend on Friday, August 9th, RTT News reports. Investors of record on Friday, August 23rd will be paid a dividend of 0.39 per share by the credit services provider on Friday, September 13th. This represents a $1.56 annualized dividend and a dividend yield of 1.09%. The ex-dividend date is Thursday, August 22nd.

Equifax has raised its dividend payment by an average of 10.4% annually over the last three years. Equifax has a payout ratio of 26.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Equifax to earn $6.05 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 25.8%.

Shares of EFX stock opened at $142.75 on Wednesday. Equifax has a one year low of $88.68 and a one year high of $145.56. The company’s 50-day moving average is $139.49 and its 200 day moving average is $124.65. The company has a market capitalization of $17.38 billion, a price-to-earnings ratio of 24.65, a price-to-earnings-growth ratio of 2.94 and a beta of 1.26. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.54 and a current ratio of 0.54.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, July 24th. The credit services provider reported $1.40 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.36 by $0.04. Equifax had a negative net margin of 12.52% and a positive return on equity of 22.63%. The company had revenue of $880.00 million for the quarter, compared to the consensus estimate of $873.74 million. During the same period in the prior year, the firm posted $1.56 EPS. Equifax’s revenue for the quarter was up .4% on a year-over-year basis. As a group, research analysts predict that Equifax will post 5.6 earnings per share for the current fiscal year.

Several analysts recently commented on EFX shares. ValuEngine raised shares of Equifax from a “hold” rating to a “buy” rating in a research report on Tuesday, May 28th. Barclays reissued a “hold” rating and set a $125.00 price objective on shares of Equifax in a research report on Monday, May 6th. Stephens increased their price objective on shares of Equifax from $130.00 to $131.00 and gave the company an “equal weight” rating in a research report on Friday, July 26th. Royal Bank of Canada started coverage on shares of Equifax in a research report on Wednesday, July 3rd. They set an “outperform” rating on the stock. Finally, Zacks Investment Research raised shares of Equifax from a “sell” rating to a “hold” rating in a research report on Wednesday, May 15th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $130.09.

Equifax Company Profile

Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.

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Dividend History for Equifax (NYSE:EFX)

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