Everest Group, Ltd. (EG) to Issue Quarterly Dividend of $2.00 on September 25th

Everest Group, Ltd. (NYSE:EG – Get Free Report) declared a quarterly dividend on Wednesday, August 12th. Stockholders of record on Wednesday, September 9th will be paid a dividend of 2.00 per share on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Wednesday, September 9th.

Everest Group has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. Everest Group has a payout ratio of 13.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Everest Group to earn $59.25 per share next year, which means the company should continue to be able to cover its $8.00 annual dividend with an expected future payout ratio of 13.5%.

Get Everest Group alerts:

Everest Group Stock Performance

Shares of NYSE EG opened at $380.55 on Monday. The stock’s 50-day moving average is $373.81 and its 200 day moving average is $350.24. The stock has a market cap of $14.59 billion, a price-to-earnings ratio of 8.05, a P/E/G ratio of 0.75 and a beta of 0.28. Everest Group has a 1-year low of $302.44 and a 1-year high of $401.07. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.23.

Everest Group (NYSE:EG – Get Free Report) last issued its earnings results on Tuesday, June 30th. The company reported $14.85 earnings per share (EPS) for the quarter. Everest Group had a return on equity of 13.63% and a net margin of 11.41%.The business had revenue of $3.96 billion during the quarter. On average, sell-side analysts anticipate that Everest Group will post 53.28 EPS for the current fiscal year.

Everest Group Company Profile

(Get Free Report)

Everest Group (NYSE:EG) is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.

With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.

Recommended Stories

• Five stocks we like better than Everest Group
• AI Token Costs Are Changing the Hardware vs. Software Debate
• 3 ETFs That Could Move as Rate Expectations Shift
• 3 Stocks With September Catalysts Investors Shouldn’t Ignore
• Ollie’s Bargain Outlet Stock Falls on Weak Comps Despite Margin Gains

Receive News & Ratings for Everest Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everest Group and related companies with MarketBeat.com's FREE daily email newsletter.