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

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) declared a quarterly dividend on Tuesday, April 30th, RTT News reports. Shareholders of record on Thursday, June 6th will be paid a dividend of 0.05 per share by the business services provider on Thursday, June 20th. This represents a $0.20 annualized dividend and a yield of 2.20%.

Dun & Bradstreet has a payout ratio of 17.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect Dun & Bradstreet to earn $0.99 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 20.2%.

Dun & Bradstreet Price Performance

NYSE DNB traded down $0.27 during trading hours on Tuesday, hitting $9.10. The company had a trading volume of 3,056,073 shares, compared to its average volume of 3,498,781. Dun & Bradstreet has a 52 week low of $8.68 and a 52 week high of $12.62. The firm has a 50 day simple moving average of $9.90 and a 200 day simple moving average of $10.46. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a market capitalization of $4.03 billion, a price-to-earnings ratio of -85.18, a PEG ratio of 1.99 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Thursday, February 15th. The business services provider reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. The firm had revenue of $630.40 million during the quarter, compared to the consensus estimate of $623.19 million. Dun & Bradstreet had a positive return on equity of 10.65% and a negative net margin of 2.03%. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the company posted $0.28 EPS. Equities research analysts expect that Dun & Bradstreet will post 0.88 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Needham & Company LLC dropped their target price on Dun & Bradstreet from $18.00 to $17.00 and set a “buy” rating for the company in a research report on Friday, February 16th. Jefferies Financial Group dropped their target price on Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating for the company in a research report on Friday, April 12th. Raymond James raised Dun & Bradstreet from an “outperform” rating to a “strong-buy” rating and set a $18.00 price target on the stock in a research note on Friday, January 5th. Finally, The Goldman Sachs Group lifted their price target on Dun & Bradstreet from $10.30 to $11.50 and gave the stock a “neutral” rating in a research note on Friday, February 16th. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $13.64.

Insider Buying and Selling at Dun & Bradstreet

In other news, Director Cannae Holdings, Inc. sold 10,000,000 shares of the business’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of $10.09, for a total value of $100,900,000.00. Following the completion of the transaction, the director now directly owns 69,048,691 shares of the company’s stock, valued at approximately $696,701,292.19. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 10.00% of the stock is currently owned by corporate insiders.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.