Global Payments Inc. (NYSE:GPN) to Issue $0.25 Quarterly Dividend

Global Payments Inc. (NYSE:GPN) announced a quarterly dividend on Thursday, April 30th. Shareholders of record on Friday, June 12th will be paid a dividend of 0.25 per share by the business services provider on Friday, June 26th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, June 12th.

Global Payments has increased its dividend payment by an average of 0.1%annually over the last three years. Global Payments has a dividend payout ratio of 7.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Global Payments to earn $16.48 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 6.1%.

Global Payments Price Performance

NYSE:GPN opened at $63.86 on Wednesday. The firm has a market capitalization of $17.47 billion, a price-to-earnings ratio of -31.30, a PEG ratio of 0.36 and a beta of 0.76. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.79 and a quick ratio of 0.79. The business has a 50 day simple moving average of $69.06 and a 200-day simple moving average of $73.23. Global Payments has a 1 year low of $62.45 and a 1 year high of $90.64.

Global Payments (NYSE:GPN) last released its earnings results on Wednesday, May 6th. The business services provider reported $2.96 earnings per share for the quarter, beating the consensus estimate of $2.82 by $0.14. The firm had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.81 billion. Global Payments had a positive return on equity of 13.11% and a negative net margin of 7.99%.The company’s revenue for the quarter was up 63.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.82 EPS. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Equities analysts forecast that Global Payments will post 13.88 EPS for the current year.

About Global Payments

Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.

Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.