CLEAR Secure, Inc. Plans Special Dividend of $0.20 (NYSE:YOU)

CLEAR Secure, Inc. (NYSE:YOU) declared a special dividend on Monday, February 23rd. Stockholders of record on Tuesday, March 10th will be given a dividend of 0.20 per share on Tuesday, March 24th. This represents a dividend yield of 129.0%. The ex-dividend date is Tuesday, March 10th.

CLEAR Secure has a dividend payout ratio of 37.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect CLEAR Secure to earn $1.04 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 57.7%.

CLEAR Secure Stock Performance

Shares of YOU stock opened at $46.31 on Friday. The company has a market cap of $6.17 billion, a P/E ratio of 41.35 and a beta of 1.13. The stock has a 50 day simple moving average of $36.20 and a two-hundred day simple moving average of $35.28. CLEAR Secure has a fifty-two week low of $23.00 and a fifty-two week high of $50.46.

CLEAR Secure (NYSE:YOU) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.31 earnings per share for the quarter, meeting the consensus estimate of $0.31. CLEAR Secure had a net margin of 12.12% and a return on equity of 70.08%. The firm had revenue of $240.75 million during the quarter, compared to the consensus estimate of $235.66 million. During the same period in the previous year, the firm posted $0.91 earnings per share. The business’s revenue was up 16.7% compared to the same quarter last year. On average, research analysts predict that CLEAR Secure will post 0.98 earnings per share for the current year.

About CLEAR Secure

CLEAR Secure, Inc operates a biometric identity platform designed to expedite identity verification for air travelers and venue guests. The company’s core offering is the CLEAR membership service, which uses fingerprint and iris scans to confirm a member’s identity and provide access to dedicated security lanes at participating airports. Members link government-issued IDs and personal biometric data via the CLEAR app, enabling faster processing through Transportation Security Administration (TSA) checkpoints and select event entrances.

Founded in 2010 by Caryn Seidman‐Becker and Ken Cornick, CLEAR is headquartered in New York City.