Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) announced a quarterly dividend on Friday, February 13th. Shareholders of record on Friday, March 13th will be paid a dividend of 0.50 per share by the business services provider on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, March 13th. This is a 11.1% increase from Verisk Analytics’s previous quarterly dividend of $0.45.
Verisk Analytics has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 6 consecutive years. Verisk Analytics has a payout ratio of 25.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect Verisk Analytics to earn $7.25 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 27.6%.
Verisk Analytics Trading Down 0.6%
NASDAQ:VRSK traded down $1.13 during mid-day trading on Wednesday, hitting $201.53. 479,739 shares of the stock traded hands, compared to its average volume of 2,084,844. The stock has a market capitalization of $27.80 billion, a price-to-earnings ratio of 31.05, a PEG ratio of 2.63 and a beta of 0.81. The firm’s 50 day moving average is $205.71 and its two-hundred day moving average is $224.83. Verisk Analytics has a 52 week low of $164.60 and a 52 week high of $322.92. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 10.42.
Verisk Analytics declared that its Board of Directors has initiated a share buyback plan on Wednesday, February 18th that authorizes the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization authorizes the business services provider to repurchase up to 10.1% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.
About Verisk Analytics
Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.
Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.
Further Reading
- Five stocks we like better than Verisk Analytics
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.
