Msci Inc (MSCI) to Issue Quarterly Dividend of $0.38
Msci Inc (NYSE:MSCI) declared a quarterly dividend on Tuesday, January 30th, Zacks reports. Investors of record on Friday, February 16th will be paid a dividend of 0.38 per share by the technology company on Thursday, March 15th. This represents a $1.52 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Thursday, February 15th.
Msci has increased its dividend by an average of 94.3% annually over the last three years and has raised its dividend every year for the last 3 years. Msci has a payout ratio of 39.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Msci to earn $6.17 per share next year, which means the company should continue to be able to cover its $1.52 annual dividend with an expected future payout ratio of 24.6%.
Msci (MSCI) opened at $136.48 on Friday. Msci has a 1 year low of $90.42 and a 1 year high of $149.15. The company has a market cap of $12,540.00, a P/E ratio of 41.23, a P/E/G ratio of 2.47 and a beta of 0.90. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 5.77.
A number of research firms have issued reports on MSCI. UBS Group lifted their target price on shares of Msci from $125.00 to $141.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. Zacks Investment Research cut shares of Msci from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Cantor Fitzgerald reiterated a “buy” rating and issued a $126.00 target price on shares of Msci in a research note on Thursday, November 2nd. Barclays reiterated a “hold” rating and issued a $150.00 target price on shares of Msci in a research note on Friday, February 2nd. Finally, Morgan Stanley lifted their target price on shares of Msci from $129.00 to $130.00 and gave the company an “equal weight” rating in a research note on Friday, November 3rd. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Msci presently has a consensus rating of “Buy” and a consensus target price of $147.33.
TRADEMARK VIOLATION WARNING: This piece was originally posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this piece on another domain, it was copied illegally and reposted in violation of United States & international copyright laws. The correct version of this piece can be read at https://theolympiareport.com/2018/02/10/msci-inc-msci-to-issue-quarterly-dividend-of-0-38.html.
MSCI Inc offers products and services to support the needs of institutional investors throughout their investment processes. Its segments include Index, Analytics and All Other segment. All Other segment comprises environmental, social and governance (ESG) and Real Estate segments. Its indexes are used in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.
Receive News & Ratings for Msci Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Msci and related companies with MarketBeat.com's FREE daily email newsletter.