FactSet Research Systems Inc. (FDS) To Go Ex-Dividend on May 29th

FactSet Research Systems Inc. (NYSE:FDS – Get Free Report) declared a quarterly dividend on Friday, May 1st. Shareholders of record on Friday, May 29th will be paid a dividend of 1.16 per share by the business services provider on Thursday, June 18th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, May 29th. This is a 5.5% increase from FactSet Research Systems’s previous quarterly dividend of $1.10.

FactSet Research Systems has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 27 years. FactSet Research Systems has a payout ratio of 25.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect FactSet Research Systems to earn $19.50 per share next year, which means the company should continue to be able to cover its $4.64 annual dividend with an expected future payout ratio of 23.8%.

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FactSet Research Systems Price Performance

Shares of NYSE FDS opened at $231.50 on Wednesday. The firm has a market capitalization of $8.43 billion, a P/E ratio of 14.89, a P/E/G ratio of 2.01 and a beta of 0.69. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.64. The stock’s 50-day simple moving average is $219.86 and its two-hundred day simple moving average is $245.06. FactSet Research Systems has a twelve month low of $185.00 and a twelve month high of $469.43.

FactSet Research Systems (NYSE:FDS – Get Free Report) last announced its earnings results on Tuesday, March 31st. The business services provider reported $4.46 earnings per share for the quarter, topping analysts’ consensus estimates of $4.37 by $0.09. The business had revenue of $611.02 million for the quarter, compared to analyst estimates of $604.78 million. FactSet Research Systems had a return on equity of 30.25% and a net margin of 24.48%.The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the company earned $4.28 EPS. As a group, equities analysts anticipate that FactSet Research Systems will post 17.65 EPS for the current fiscal year.

About FactSet Research Systems

(Get Free Report)

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.

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