Broadridge Financial Solutions(BR) is having a Dividend Yield of 1.94% with the Annual cash Dividend per share of $1.2. The last quarter cash dividend per share pay out was $0.33. Broadridge Financial Solutions has a 5 year average dividend yield of 2.37% and the stock has a Indicated annual dividend of $1.32. Broadridge Financial Solutions(BR) formally announced its most recent dividend on February 7, 2017 with a Dividend per share of $0.33. The new indicated annual dividend based on announced dividend per share is $1.32. The dividend yield based on the forward looking indicated annual dividend is 1.94%. Broadridge Financial Solutions(BR) has the most recent dividend payout ratio of 0.47 with a 5-year average payout ratio of 0.44. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.04. The 5 year historical dividend growth of Broadridge Financial Solutions(BR) is at the rate of 17.85% while the R-Squared dividend growth is 0.95. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Broadridge Financial Solutions, Inc. (NYSE:BR) rose 0.67% or 0.46 points on Thursday and made its way into the gainers of the day. After trading began at $68.15 the stock was seen hitting $68.63 as a peak level and $68.06 as the lowest level. The stock ended up at $68.62. The daily volume was measured at 718,754 shares. The 52-week high of the share price is $71.74 and the 52-week low is $54.78. The company has a market cap of $8,116 million. Shares of Broadridge Financial Solutions, Inc. rose by 2.14% in the last five trading days and 3.8% for the last 4 weeks. Broadridge Financial Solutions, Inc. is up 13.06% in the last 3-month period. Year-to-Date the stock performance stands at 3.5%.
Currently the company Insiders own 3.5% of Broadridge Financial Solutions, Inc. shares according to the proxy statements. Institutional Investors own 83.3% of Broadridge Financial Solutions, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -38.6%. Company has reported several Insider transactions to the SEC, on Dec 8, 2016, Richard J Haviland (director) sold 8,180 shares at 65.30 per share price.On Nov 30, 2016, Alan J Weber (director) sold 3,770 shares at 66.32 per share price.On Nov 18, 2016, Stuart R Levine (director) sold 8,170 shares at 64.98 per share price.
Broadridge Financial Solutions Last issued its quarterly earnings results on Feb 8, 2017. The company reported $0.39 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.38. The company had revenue of $893.00 million for the quarter, compared to analysts expectations of $937.04 million. The companys revenue was up 39.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.
Broadridge is a leading global provider of technology-based outsourcing solutions to the financial services industry. Their integrated systems and services include investor communication, securities processing, and clearing and outsourcing solutions. Broadridge offers a broad, integrated suite of innovative global solutions across the investment lifecycle and provides a wide range of cost-effective and scalable solutions to the financial industry. Their systems help reduce the need for clients to make significant capital investments in operations infrastructure, thereby allowing them to increase their focus on core business activities.