Dun & Bradstreet Holdings, Inc. (DNB) to Issue Quarterly Dividend of $0.05 on March 20th

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) declared a quarterly dividend on Thursday, February 6th,RTT News reports. Stockholders of record on Thursday, March 6th will be paid a dividend of 0.05 per share by the business services provider on Thursday, March 20th. This represents a $0.20 annualized dividend and a dividend yield of 1.78%. The ex-dividend date is Thursday, March 6th.

Dun & Bradstreet has a dividend payout ratio of 16.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Dun & Bradstreet to earn $0.96 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 20.8%.

Dun & Bradstreet Trading Down 7.4 %

NYSE DNB opened at $11.24 on Friday. The firm has a market capitalization of $4.96 billion, a PE ratio of -140.44, a P/E/G ratio of 2.88 and a beta of 1.14. The stock’s 50 day moving average is $12.02 and its 200 day moving average is $11.79. Dun & Bradstreet has a twelve month low of $8.77 and a twelve month high of $12.94. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.08.

Analysts Set New Price Targets

A number of brokerages have recently commented on DNB. Needham & Company LLC restated a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a report on Friday, November 1st. Royal Bank of Canada reissued a “sector perform” rating and set a $12.00 price objective on shares of Dun & Bradstreet in a research note on Wednesday, January 29th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $13.13.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.