Dividend Growth of Global Payments Inc.(GPN)

Global Payments (GPN) is having a Dividend Yield of 0.05% with the Annual cash Dividend per share of $0.04. The last quarter cash dividend per share pay out was $0.01. Global Payments has a 5 year average dividend yield of 0.12% and the stock has a Indicated annual dividend of $0.04. Global Payments (GPN) formally announced its most recent dividend on January 10, 2017 with a Dividend per share of $0.01. The new indicated annual dividend based on announced dividend per share is $0.04. The dividend yield based on the forward looking indicated annual dividend is 0.05%. Global Payments (GPN) has the most recent dividend payout ratio of 0.01 with a 5-year average payout ratio of 0.02. The Ex-Dividend amount last paid was $0.01 on February 8, 2017.

Global Payments Inc. (NYSE:GPN) witnessed a decline in the market cap on Thursday as its shares dropped 1.63% or 1.29 points. After the session commenced at $78.9, the stock reached the higher end at $79.03 while it hit a low of $77.51. With the volume soaring to 821,990 shares, the last trade was called at $77.67. The company has a 52-week high of $80.88. The company has a market cap of $11,826 million and there are 152,263,160 shares in outstanding. The 52-week low of the share price is $56.64. Global Payments Inc. has lost 1.21% in the last five trading days and dropped 1.2% in the last 4 weeks. Global Payments Inc. is up 14.15% in the last 3-month period. Year-to-Date the stock performance stands at 11.91%.

Currently the company Insiders own 1.1% of Global Payments Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.29% . Institutional Investors own 97.82% of Global Payments Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -14.47%. Company has reported several Insider transactions to the SEC, on Feb 15, 2017, William I Jacobs (director) sold 600 shares at 78.83 per share price.On Jan 20, 2017, Michael W Trapp (director) sold 5,000 shares at 79.44 per share price.On Jan 20, 2017, Robert H B Jr Baldwin (director) sold 6,500 shares at 78.83 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Global Payments Inc was Initiated by Cantor Fitzgerald to Overweight on Jan 27, 2017. Company shares were Reiterated by RBC Capital Mkts on Jan 10, 2017 to Outperform, Raises Price Target to $ 88 from a previous price target of $87 .Company shares were Reiterated by Stifel on Jan 10, 2017 to Buy, Raises Price Target to $ 92 from a previous price target of $85 .Global Payments Inc was Initiated by Guggenheim on Dec 20, 2016 to Buy, Price Target of the shares are set at $82.

Global Payments Inc Last issued its quarterly earnings results on Jan 9, 2017. The company reported $0.89 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.84. The company had revenue of $941.80 million for the quarter, compared to analysts expectations of $802.15 million. The companys revenue was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS.

Global Payments Inc. is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations, financial institutions, government agencies and multi- national corporations located throughout the United States, Canada, Latin America and Europe. Global Payments offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery, as well as terminal management. The company also provides consumer money transfer services from the U.S. and Europe to destinations in Latin America, Morocco, and the Philippines.


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