Thomson Reuters Announces Quarterly Dividend
Thomson Reuters Corporation has announced its intention to distribute a quarterly dividend of $0.60 per share, with shareholders of record as of September 10th set to receive the payout.
Recent Financial Results
In its recent financial results, the company reported earnings per share (EPS) of $0.87 for the last quarter, surpassing analysts' expectations of $0.83, and generated revenues of $1.81 billion.
Dividend Declaration and Stock Performance
On August 5th, Thomson Reuters declared the dividend, which will be payable on September 10th to shareholders recorded by August 19th. This dividend equates to an annualized yield of approximately 1.3%. The company's stock traded at $181.56, marking a 0.9% increase during Thursday’s trading session, with a trading volume of 1.78 million shares.
Market Capitalization and Ratios
The firm’s market capitalization stands at around $81.82 billion. Its stock has a PE ratio of 37.13, a PEG ratio of 5.67, and a beta of 0.77. The 50-day moving average is $199.39, while the 200-day moving average is $184.67. Thomson Reuters' stock reached a twelve-month h...