Evertec, Inc. (EVTC) To Go Ex-Dividend on August 3rd

Evertec, Inc. (NYSE:EVTC) announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Monday, August 3rd will be paid a dividend of 0.05 per share by the business services provider on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, August 3rd.

Evertec has a payout ratio of 5.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Evertec to earn $3.76 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 5.3%.

Evertec Stock Performance

Evertec stock opened at $30.48 on Friday. Evertec has a 12-month low of $21.81 and a 12-month high of $37.71. The stock has a 50-day simple moving average of $27.33 and a 200 day simple moving average of $27.73. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.56. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 14.72, a P/E/G ratio of 1.07 and a beta of 0.71.

Evertec (NYSE:EVTC) last released its quarterly earnings data on Wednesday, May 6th. The business services provider reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.01). The firm had revenue of $247.92 million for the quarter, compared to analyst estimates of $248.99 million. Evertec had a return on equity of 31.40% and a net margin of 13.95%.The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.87 earnings per share. Evertec has set its FY 2026 guidance at 3.860-3.980 EPS. On average, research analysts anticipate that Evertec will post 3.34 earnings per share for the current fiscal year.

Insider Transactions at Evertec

In related news, Director Brian John Smith bought 16,202 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was purchased at an average cost of $26.42 per share, for a total transaction of $428,056.84. Following the transaction, the director owned 88,222 shares in the company, valued at $2,330,825.24. The trade was a 22.50% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Joaquin A. Castrillo-Salgado purchased 20,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was bought at an average price of $22.74 per share, for a total transaction of $454,800.00. Following the transaction, the chief operating officer directly owned 143,987 shares of the company’s stock, valued at $3,274,264.38. This trade represents a 16.13% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have acquired 53,202 shares of company stock valued at $1,292,557. 1.13% of the stock is currently owned by company insiders.

Institutional Trading of Evertec

A number of institutional investors and hedge funds have recently made changes to their positions in EVTC. Lido Advisors LLC increased its stake in Evertec by 4.3% in the third quarter. Lido Advisors LLC now owns 8,746 shares of the business services provider’s stock valued at $295,000 after acquiring an additional 363 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of Evertec by 1.1% in the 4th quarter. State of Alaska Department of Revenue now owns 35,161 shares of the business services provider’s stock valued at $1,022,000 after purchasing an additional 384 shares in the last quarter. ProShare Advisors LLC increased its stake in shares of Evertec by 3.2% in the 4th quarter. ProShare Advisors LLC now owns 12,510 shares of the business services provider’s stock valued at $364,000 after purchasing an additional 391 shares during the last quarter. California State Teachers Retirement System raised its holdings in shares of Evertec by 0.7% during the 2nd quarter. California State Teachers Retirement System now owns 59,159 shares of the business services provider’s stock worth $2,133,000 after buying an additional 417 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Evertec by 3.6% during the 4th quarter. Cetera Investment Advisers now owns 12,313 shares of the business services provider’s stock worth $358,000 after buying an additional 433 shares during the last quarter. Institutional investors own 96.80% of the company’s stock.

Evertec Company Profile

Evertec, Inc (NYSE: EVTC) is a leading full‐service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross‐border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec’s suite of services includes merchant acquiring, payment gateway connectivity, ATM and point‐of‐sale network management, and fraud prevention solutions.