Booking Holdings Inc. (BKNG) to Issue Quarterly Dividend of $0.42 on September 30th

Booking Holdings Inc. (NASDAQ:BKNG – Get Free Report) declared a quarterly dividend on Monday, August 3rd. Stockholders of record on Friday, September 11th will be given a dividend of 0.42 per share by the business services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, September 11th.

Booking has a payout ratio of 0.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Booking to earn $12.40 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 13.5%.

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Booking Price Performance

Shares of NASDAQ BKNG opened at $180.30 on Wednesday. The stock has a fifty day moving average price of $194.57 and a 200 day moving average price of $178.72. Booking has a 1-year low of $150.14 and a 1-year high of $225.00. The company has a market cap of $135.47 billion, a PE ratio of 19.96, a P/E/G ratio of 1.20 and a beta of 1.07.

Booking (NASDAQ:BKNG – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The business services provider reported $2.54 EPS for the quarter, topping analysts’ consensus estimates of $2.43 by $0.11. The company had revenue of $7.35 billion during the quarter, compared to the consensus estimate of $7.19 billion. Booking had a net margin of 25.53% and a negative return on equity of 102.96%. Booking’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $55.40 EPS. Analysts anticipate that Booking will post 10.48 earnings per share for the current fiscal year.

About Booking

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Booking Holdings Inc is a global provider of online travel and related services. The company connects consumers with accommodations, flights, rental cars, restaurants and travel experiences through a portfolio of digital brands and websites.

Its principal brands include Booking.com, which offers lodging, transportation and travel experiences; Priceline, which provides online booking services for hotels, flights, rental cars and vacation packages; Agoda, which focuses primarily on travel bookings in Asia and other international markets; KAYAK, a travel metasearch engine; OpenTable, a restaurant reservation and management platform; and Rentalcars.com, a global car rental service.

Booking Holdings serves customers, travel providers and restaurants across numerous countries and regions, with a particularly extensive international presence.

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