Motorola Solutions, Inc. (MSI) to Issue Quarterly Dividend of $1.21 on April 15th

Motorola Solutions, Inc. (NYSE:MSI) declared a quarterly dividend on Wednesday, February 25th. Shareholders of record on Friday, March 20th will be paid a dividend of 1.21 per share by the communications equipment provider on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, March 20th.

Motorola Solutions has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 13 years. Motorola Solutions has a payout ratio of 30.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Motorola Solutions to earn $14.79 per share next year, which means the company should continue to be able to cover its $4.84 annual dividend with an expected future payout ratio of 32.7%.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $471.48 on Friday. The business’s 50 day simple moving average is $408.90 and its 200-day simple moving average is $422.73. The firm has a market capitalization of $78.11 billion, a price-to-earnings ratio of 36.95, a price-to-earnings-growth ratio of 3.30 and a beta of 1.00. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.04 and a quick ratio of 0.87. Motorola Solutions has a 12 month low of $359.36 and a 12 month high of $492.22.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share for the quarter, beating the consensus estimate of $4.35 by $0.24. The firm had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.34 billion. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.Motorola Solutions’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period last year, the business posted $4.04 EPS. As a group, equities analysts forecast that Motorola Solutions will post 13.55 earnings per share for the current fiscal year.

Insider Activity

In other Motorola Solutions news, CEO Gregory Q. Brown sold 50,000 shares of Motorola Solutions stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $468.09, for a total transaction of $23,404,500.00. Following the transaction, the chief executive officer directly owned 47,167 shares of the company’s stock, valued at $22,078,401.03. The trade was a 51.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.44% of the company’s stock.

Institutional Trading of Motorola Solutions

Institutional investors have recently added to or reduced their stakes in the business. Valeo Financial Advisors LLC lifted its stake in shares of Motorola Solutions by 2.3% during the second quarter. Valeo Financial Advisors LLC now owns 944 shares of the communications equipment provider’s stock worth $397,000 after purchasing an additional 21 shares in the last quarter. Advisors Capital Management LLC raised its holdings in shares of Motorola Solutions by 1.0% during the 2nd quarter. Advisors Capital Management LLC now owns 2,452 shares of the communications equipment provider’s stock valued at $1,031,000 after buying an additional 24 shares during the period. Kingsview Wealth Management LLC lifted its position in Motorola Solutions by 0.3% during the 2nd quarter. Kingsview Wealth Management LLC now owns 9,115 shares of the communications equipment provider’s stock worth $3,833,000 after acquiring an additional 24 shares in the last quarter. Rexford Capital Inc. lifted its position in Motorola Solutions by 0.6% during the 3rd quarter. Rexford Capital Inc. now owns 3,893 shares of the communications equipment provider’s stock worth $1,780,000 after acquiring an additional 24 shares in the last quarter. Finally, CYBER HORNET ETFs LLC boosted its holdings in Motorola Solutions by 5.2% in the 4th quarter. CYBER HORNET ETFs LLC now owns 482 shares of the communications equipment provider’s stock worth $185,000 after acquiring an additional 24 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.

About Motorola Solutions

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.