Dun & Bradstreet Holdings, Inc. Plans Quarterly Dividend of $0.05 (NYSE:DNB)

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) declared a quarterly dividend on Tuesday, October 22nd, RTT News reports. Shareholders of record on Thursday, December 5th will be paid a dividend of 0.05 per share by the business services provider on Thursday, December 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.81%.

Dun & Bradstreet has a payout ratio of 17.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Dun & Bradstreet to earn $0.98 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 20.4%.

Dun & Bradstreet Trading Down 1.6 %

NYSE DNB traded down $0.18 during trading hours on Tuesday, hitting $11.08. 5,223,270 shares of the company’s stock were exchanged, compared to its average volume of 3,393,074. The business’s 50 day moving average is $11.62 and its 200-day moving average is $10.49. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.71 and a current ratio of 0.71. Dun & Bradstreet has a 12-month low of $8.68 and a 12-month high of $12.75. The firm has a market capitalization of $4.91 billion, a P/E ratio of -138.63, a price-to-earnings-growth ratio of 2.66 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.23. The business had revenue of $576.20 million for the quarter, compared to analysts’ expectations of $580.77 million. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The company’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period last year, the company earned $0.17 earnings per share. As a group, analysts anticipate that Dun & Bradstreet will post 0.89 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have issued reports on DNB. Needham & Company LLC reissued a “buy” rating and set a $17.00 price target on shares of Dun & Bradstreet in a research report on Monday, August 5th. The Goldman Sachs Group increased their price objective on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Royal Bank of Canada reduced their target price on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a report on Friday, August 2nd. StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. boosted their price objective on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Five analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Dun & Bradstreet currently has an average rating of “Moderate Buy” and a consensus price target of $13.85.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.