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

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) declared a quarterly dividend on Tuesday, April 30th, RTT News reports. Investors of record on Thursday, June 6th will be given a dividend of 0.05 per share by the business services provider on Thursday, June 20th. This represents a $0.20 annualized dividend and a yield of 2.20%.

Dun & Bradstreet has a dividend payout ratio of 17.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Dun & Bradstreet to earn $0.99 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 20.2%.

Dun & Bradstreet Price Performance

Shares of Dun & Bradstreet stock traded down $0.27 during trading hours on Tuesday, hitting $9.10. The company’s stock had a trading volume of 3,056,073 shares, compared to its average volume of 3,498,781. Dun & Bradstreet has a 12-month low of $8.68 and a 12-month high of $12.62. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.63 and a current ratio of 0.63. The business has a 50 day moving average price of $9.90 and a two-hundred day moving average price of $10.46. The company has a market cap of $4.03 billion, a PE ratio of -85.18, a PEG ratio of 1.99 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last issued its earnings results on Thursday, February 15th. The business services provider reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01. Dun & Bradstreet had a positive return on equity of 10.65% and a negative net margin of 2.03%. The firm had revenue of $630.40 million for the quarter, compared to analysts’ expectations of $623.19 million. During the same period in the previous year, the firm posted $0.28 earnings per share. The business’s revenue was up 5.9% compared to the same quarter last year. Analysts expect that Dun & Bradstreet will post 0.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have weighed in on DNB. Raymond James raised Dun & Bradstreet from an “outperform” rating to a “strong-buy” rating and set a $18.00 price objective on the stock in a research note on Friday, January 5th. The Goldman Sachs Group boosted their price objective on Dun & Bradstreet from $10.30 to $11.50 and gave the stock a “neutral” rating in a research note on Friday, February 16th. Needham & Company LLC cut their target price on Dun & Bradstreet from $18.00 to $17.00 and set a “buy” rating on the stock in a research note on Friday, February 16th. Finally, Jefferies Financial Group cut their target price on Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating on the stock in a research note on Friday, April 12th. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Dun & Bradstreet has a consensus rating of “Moderate Buy” and a consensus target price of $13.64.

Insider Activity at Dun & Bradstreet

In related news, Director Cannae Holdings, Inc. sold 10,000,000 shares of the firm’s stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $10.09, for a total value of $100,900,000.00. Following the transaction, the director now directly owns 69,048,691 shares of the company’s stock, valued at approximately $696,701,292.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 10.00% of the stock is currently owned by corporate insiders.

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.