Vertiv Holdings Co. (NYSE:VRT) to Issue Quarterly Dividend of $0.06

Vertiv Holdings Co. (NYSE:VRT) announced a quarterly dividend on Thursday, November 13th. Shareholders of record on Tuesday, November 25th will be given a dividend of 0.0625 per share on Thursday, December 18th. This represents a c) annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Tuesday, November 25th. This is a 66.7% increase from Vertiv’s previous quarterly dividend of $0.04.

Vertiv has a dividend payout ratio of 3.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Vertiv to earn $4.46 per share next year, which means the company should continue to be able to cover its $0.15 annual dividend with an expected future payout ratio of 3.4%.

Vertiv Stock Up 4.3%

Vertiv stock traded up $7.02 during mid-day trading on Friday, hitting $170.66. The company’s stock had a trading volume of 9,986,672 shares, compared to its average volume of 8,745,232. The firm’s 50 day moving average is $163.41 and its 200 day moving average is $135.01. The company has a market cap of $65.25 billion, a PE ratio of 64.40, a price-to-earnings-growth ratio of 1.41 and a beta of 1.87. Vertiv has a 52-week low of $53.60 and a 52-week high of $202.45. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. During the same quarter in the prior year, the company posted $0.76 earnings per share. The firm’s revenue was up 29.0% on a year-over-year basis. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, analysts anticipate that Vertiv will post 3.59 earnings per share for the current year.

Vertiv Company Profile

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.