Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Declares $0.05 Quarterly Dividend

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) announced a quarterly dividend on Thursday, February 6th, RTT News reports. Stockholders of record on Thursday, March 6th will be paid a dividend of 0.05 per share by the business services provider on Thursday, March 20th. This represents a $0.20 annualized dividend and a dividend yield of 2.22%. The ex-dividend date is Thursday, March 6th.

Dun & Bradstreet has a dividend payout ratio of 17.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Dun & Bradstreet to earn $1.05 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 19.0%.

Dun & Bradstreet Stock Down 0.7 %

Shares of NYSE:DNB opened at $9.01 on Tuesday. The company’s fifty day moving average is $11.25 and its 200-day moving average is $11.64. The company has a market capitalization of $3.98 billion, a PE ratio of -150.14, a P/E/G ratio of 2.21 and a beta of 1.14. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.70 and a current ratio of 0.65. Dun & Bradstreet has a 52 week low of $8.77 and a 52 week high of $12.94.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings data on Thursday, February 20th. The business services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05). The firm had revenue of $631.90 million for the quarter, compared to the consensus estimate of $658.04 million. Dun & Bradstreet had a positive return on equity of 11.29% and a negative net margin of 1.20%. Equities research analysts predict that Dun & Bradstreet will post 0.96 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on DNB shares. Needham & Company LLC lowered their price target on Dun & Bradstreet from $17.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $12.00 price target on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Finally, The Goldman Sachs Group lowered their price target on Dun & Bradstreet from $12.80 to $11.00 and set a “neutral” rating for the company in a research note on Friday, February 21st. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Dun & Bradstreet has a consensus rating of “Hold” and an average price target of $12.50.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.