CLEAR Secure, Inc. (NYSE:YOU – Get Free Report) announced a quarterly dividend on Wednesday, November 4th. Shareholders of record on Thursday, December 10th will be given a dividend of $0.15 per share on Thursday, December 24th. This represents a $0.60 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, December 10th.
CLEAR Secure has a payout ratio of 37.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect CLEAR Secure to earn $2.46 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 24.4%.
CLEAR Secure Price Performance
NYSE:YOU traded up $11.18 on Wednesday, reaching $58.94. 6,743,349 shares of the company’s stock were exchanged, compared to its average volume of 1,664,319. The firm has a market cap of $7.97 billion, a price-to-earnings ratio of 40.10 and a beta of 0.99. The stock has a fifty day simple moving average of $43.10 and a 200-day simple moving average of $47.62. CLEAR Secure has a 52 week low of $30.76 and a 52 week high of $69.07.
CLEAR Secure (NYSE:YOU – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.04. The company had revenue of $292.85 million for the quarter, compared to analyst estimates of $286.65 million. CLEAR Secure had a net margin of 14.78% and a return on equity of 71.51%. The company’s quarterly revenue was up 27.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.29 earnings per share. As a group, sell-side analysts predict that CLEAR Secure will post 1.88 EPS for the current year.
CLEAR Secure Company Profile
CLEAR Secure, Inc provides identity verification and secure access services through its CLEAR platform. The company uses biometric authentication and other identity technologies to help verify individuals and streamline access to participating locations and services.
Its consumer offerings include CLEAR Plus, a membership service that allows enrolled members to verify their identities at participating airports, and CLEAR Reserve, which enables travelers to reserve a time to proceed through select airport security checkpoints.
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