- S&P Global (NYSE:SPGI) declares $0.57/share quarterly dividend, 14% increase from prior dividend of $0.50.
- Forward yield 1.23%
- Payable March 12; for shareholders of record Feb. 26; ex-div Feb. 25.
The Board of Directors of S&P Global (NYSE: SPGI) today
approved a 14% increase in the regular quarterly cash dividend on the Company's
common stock.
"Increasing the dividend demonstrates our confidence
and optimism in the continued strength of our cash flow generation and
financial position," said Douglas L. Peterson, President and CEO of
S&P Global. "Returning cash to shareholders remains a cornerstone of
our shareholder value proposition. In 2018, we returned $2.2 billion to
shareholders in the form of dividends and share repurchases."
The Company has paid a dividend each year since 1937 and is
one of fewer than 25 companies in the S&P 500 that has increased its
dividend annually for at least the last 46 years.
The quarterly dividend will increase from $0.50 to $0.57 per
share. The dividend will be payable on March 12, 2019, to shareholders of
record on February 26, 2019. The new
annualized dividend rate of $2.28 per share represents an average compound
annual dividend growth rate of 9.9% since 1974.
For more information, visit www.spglobal.com
According to the list of U.S. Dividend Champions of S&P
Global is a Dividend Champions. SPGI has a 45-year dividend raising streak.
Dividend
Growth Rates
|
|||
DGR
|
DGR
|
DGR
|
DGR
|
1-yr
|
3-yr
|
5-yr
|
10-yr
|
13.9
|
11.0
|
10.0
|
7.2
|
Comments
Post a Comment