S&P Global Increases Quarterly Dividend $SPGI



  • 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






Dividend Yield Chart:



S&P Global Inc stock dividend yield is close to 2-year high.


Payout Ratio:



This is the historical payout ratio of S&P Global Inc. If payout ratio is close to or higher than 100%, dividends might not be sustainable.


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