MSCI Inc (MSCI) To Go Ex-Dividend on May 15th

MSCI Inc (NYSE:MSCI) declared a quarterly dividend on Monday, April 20th. Shareholders of record on Friday, May 15th will be paid a dividend of 2.05 per share by the technology company on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, May 15th.

MSCI has raised its dividend by an average of 0.2%annually over the last three years and has increased its dividend every year for the last 11 years. MSCI has a payout ratio of 43.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect MSCI to earn $22.41 per share next year, which means the company should continue to be able to cover its $8.20 annual dividend with an expected future payout ratio of 36.6%.

MSCI Stock Performance

Shares of NYSE MSCI opened at $581.64 on Wednesday. The stock has a market cap of $42.34 billion, a PE ratio of 33.22, a PEG ratio of 2.21 and a beta of 1.24. The business has a fifty day moving average of $562.04 and a two-hundred day moving average of $565.40. MSCI has a 52-week low of $501.08 and a 52-week high of $626.28.

MSCI (NYSE:MSCI) last issued its quarterly earnings data on Tuesday, April 21st. The technology company reported $4.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.38 by $0.17. The company had revenue of $850.80 million during the quarter, compared to analysts’ expectations of $830.91 million. MSCI had a negative return on equity of 65.48% and a net margin of 40.74%.The business’s revenue was up 14.1% on a year-over-year basis. During the same period last year, the business earned $4.00 earnings per share. Analysts predict that MSCI will post 19.62 earnings per share for the current year.

Insider Activity at MSCI

In related news, CFO Andrew C. Wiechmann sold 450 shares of MSCI stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $560.00, for a total value of $252,000.00. Following the completion of the transaction, the chief financial officer directly owned 22,544 shares of the company’s stock, valued at $12,624,640. The trade was a 1.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Henry A. Fernandez purchased 6,000 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was acquired at an average cost of $524.18 per share, with a total value of $3,145,080.00. Following the completion of the acquisition, the chief executive officer directly owned 1,493,047 shares of the company’s stock, valued at $782,625,376.46. The trade was a 0.40% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.76% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Temasek Holdings Private Ltd raised its position in MSCI by 25.1% in the 1st quarter. Temasek Holdings Private Ltd now owns 425,863 shares of the technology company’s stock worth $229,544,000 after purchasing an additional 85,481 shares during the last quarter. ABN Amro Investment Solutions raised its position in MSCI by 14.9% in the 1st quarter. ABN Amro Investment Solutions now owns 3,346 shares of the technology company’s stock worth $1,804,000 after purchasing an additional 433 shares during the last quarter. PNC Financial Services Group Inc. raised its position in MSCI by 5.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 15,521 shares of the technology company’s stock worth $8,366,000 after purchasing an additional 857 shares during the last quarter. Madison Asset Management LLC raised its position in MSCI by 15.8% in the 1st quarter. Madison Asset Management LLC now owns 64,269 shares of the technology company’s stock worth $34,642,000 after purchasing an additional 8,775 shares during the last quarter. Finally, Commonwealth Financial Services LLC bought a new position in MSCI in the 1st quarter worth approximately $208,000. Institutional investors own 89.97% of the company’s stock.

About MSCI

MSCI Inc is a global provider of investment decision support tools and services for the financial industry. The company is best known for its family of market indexes, which are widely used as benchmarks by asset managers and as the basis for exchange-traded funds and other passive products. In addition to index construction and licensing, MSCI offers portfolio analytics, risk models, factor and performance attribution tools, and a suite of data and technology solutions designed to support portfolio management and trading.

Beyond traditional indexing and risk analytics, MSCI has expanded into environmental, social and governance (ESG) research and ratings, offering data, scores and screening tools that help investors integrate sustainability considerations into investment processes.