Walker & Dunlop, Inc. (WD) to Issue Quarterly Dividend of $0.68 on June 4th

Walker & Dunlop, Inc. (NYSE:WDGet Free Report) declared a quarterly dividend on Wednesday, May 6th. Shareholders of record on Thursday, May 21st will be given a dividend of 0.68 per share by the financial services provider on Thursday, June 4th. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date is Thursday, May 21st.

Walker & Dunlop has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 7 years. Walker & Dunlop has a dividend payout ratio of 61.5% indicating that its dividend is sufficiently covered by earnings.

Walker & Dunlop Stock Down 1.5%

NYSE:WD opened at $50.35 on Tuesday. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 24.92 and a beta of 1.52. Walker & Dunlop has a twelve month low of $42.12 and a twelve month high of $90.00. The stock’s 50 day moving average price is $48.19 and its two-hundred day moving average price is $57.94.

Walker & Dunlop (NYSE:WDGet Free Report) last posted its quarterly earnings results on Thursday, February 26th. The financial services provider reported $0.28 earnings per share for the quarter, missing the consensus estimate of $1.46 by ($1.18). The company had revenue of $340.02 million for the quarter, compared to analyst estimates of $343.66 million. Walker & Dunlop had a return on equity of 7.18% and a net margin of 5.29%.The firm’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period last year, the firm earned $1.32 EPS.

Walker & Dunlop Company Profile

(Get Free Report)

Walker & Dunlop is one of the largest providers of commercial real estate finance in the United States, specializing in the origination, servicing and sale of loans secured by multifamily, seniors housing, healthcare, student housing and manufactured housing properties. The firm offers a full suite of debt and equity solutions, including agency financing through Fannie Mae and Freddie Mac, HUD and FHA-insured loans, bridge and construction financing, mezzanine debt, preferred equity, and investment sales advisory.

With roots dating back to 1937 and its headquarters in Bethesda, Maryland, Walker & Dunlop has expanded its platform through both organic growth and strategic acquisitions.

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Dividend History for Walker & Dunlop (NYSE:WD)

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