SAP SE (SAP) To Go Ex-Dividend on May 5th

SAP SE (NYSE:SAP) announced an annual dividend on Tuesday, April 14th. Stockholders of record on Tuesday, May 5th will be given a dividend of 2.9291 per share by the software maker on Friday, May 15th. This represents a dividend yield of 175.0%. The ex-dividend date of this dividend is Tuesday, May 5th. This is a 15.2% increase from SAP’s previous annual dividend of $2.54.

SAP has raised its dividend by an average of 0.1%annually over the last three years. SAP has a payout ratio of 25.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect SAP to earn $9.71 per share next year, which means the company should continue to be able to cover its $2.12 annual dividend with an expected future payout ratio of 21.8%.

SAP Stock Up 0.8%

SAP opened at $170.80 on Friday. SAP has a fifty-two week low of $160.66 and a fifty-two week high of $313.28. The business has a 50-day moving average of $180.99 and a 200-day moving average of $219.53. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.07 and a quick ratio of 1.16. The company has a market capitalization of $209.82 billion, a PE ratio of 23.08, a price-to-earnings-growth ratio of 1.91 and a beta of 1.11.

SAP (NYSE:SAP) last posted its quarterly earnings results on Friday, February 27th. The software maker reported $1.99 earnings per share for the quarter. SAP had a return on equity of 17.31% and a net margin of 20.08%.The company had revenue of $11.06 billion during the quarter. Equities research analysts forecast that SAP will post 8.35 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

SAP has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of SAP in a report on Friday, January 30th. Weiss Ratings lowered SAP from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 16th. Barclays increased their price objective on SAP from $256.00 to $257.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Citizens Jmp lowered SAP from an “outperform” rating to a “market perform” rating in a report on Friday, January 30th. Finally, BMO Capital Markets lowered their price objective on SAP from $210.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $288.00.

SAP Company Profile

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.