Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Announces $0.05 Quarterly Dividend

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) declared a quarterly dividend on Tuesday, October 22nd, RTT News reports. Investors of record on Thursday, December 5th will be given a dividend of 0.05 per share by the business services provider on Thursday, December 19th. This represents a $0.20 dividend on an annualized basis and a yield of 1.81%.

Dun & Bradstreet has a dividend payout ratio of 17.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Dun & Bradstreet to earn $0.98 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 20.4%.

Dun & Bradstreet Stock Performance

Shares of Dun & Bradstreet stock opened at $11.08 on Wednesday. The firm has a market cap of $4.91 billion, a PE ratio of -138.50, a price-to-earnings-growth ratio of 2.66 and a beta of 1.16. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.08. Dun & Bradstreet has a 52 week low of $8.68 and a 52 week high of $12.75. The business’s fifty day simple moving average is $11.62 and its 200-day simple moving average is $10.49.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.23 EPS for the quarter, hitting the consensus estimate of $0.23. The firm had revenue of $576.20 million for the quarter, compared to analyst estimates of $580.77 million. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.17 EPS. Equities analysts forecast that Dun & Bradstreet will post 0.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

DNB has been the subject of several recent research reports. Royal Bank of Canada lowered their price objective on shares of Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a research note on Friday, August 2nd. JPMorgan Chase & Co. upped their price objective on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Barclays lifted their target price on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. Needham & Company LLC restated a “buy” rating and set a $17.00 price target on shares of Dun & Bradstreet in a report on Monday, August 5th. Finally, The Goldman Sachs Group lifted their price objective on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research note on Monday, August 5th. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Dun & Bradstreet has a consensus rating of “Moderate Buy” and a consensus target price of $13.85.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.