Brightstar Lottery (BRSL) to Issue Quarterly Dividend of $0.23 on June 11th

Brightstar Lottery (NYSE:BRSL) announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Thursday, May 28th will be paid a dividend of 0.23 per share on Thursday, June 11th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend is Thursday, May 28th.

Brightstar Lottery Price Performance

Shares of Brightstar Lottery stock opened at $11.19 on Tuesday. The company has a market capitalization of $2.09 billion, a price-to-earnings ratio of 13.48 and a beta of 1.04. The firm has a 50-day moving average price of $12.40. Brightstar Lottery has a one year low of $10.42 and a one year high of $18.57. The company has a current ratio of 0.88, a quick ratio of 0.84 and a debt-to-equity ratio of 1.79.

Brightstar Lottery (NYSE:BRSL) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.04). The firm had revenue of $587.00 million during the quarter. Brightstar Lottery had a net margin of 6.24% and a return on equity of 10.58%. The business’s revenue for the quarter was up .7% compared to the same quarter last year. On average, equities analysts expect that Brightstar Lottery will post 0.79 EPS for the current year.

About Brightstar Lottery

International Game Technology PLC operates and provides gaming technology products and services in North America, Europe, the Middle East, Africa, Asia-Pacific, Latin America, and the Caribbean. It operates in three segments: Global Lottery, Global Gaming, and Digital & Betting. The company designs, sells, operates, and leases a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services.