Broadridge Financial Solutions's most recent quarterly dividend was on Mar 14, 2024 (ex-date) with a cash dividend payment of $0.8 per share. On an annualized basis, the company has a current payout of $3.13 per share. This brings the dividend yield to 1.6% based on its recent close price.
Broadridge Financial Solutions's dividend yield of 1.6% is higher than the Technology sector average but lower than the industry average. But in comparison with the Technology sector average of 1.55%, Broadridge Financial Solutions's dividend yield is only 3.2% higher. The current dividend yield is in line with the historical average of 1.7% of the last 5 years.
Broadridge Financial Solutions has been paying dividends since 2007. BR has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 11% for the last year. But since the stock price has gone up by 39% from a year ago, the dividend yield has decreased by 20%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 14, 2024 | Apr 5, 2024 | Feb 16, 2024 | $0.8 | normal |
| Dec 14, 2023 | Jan 5, 2024 | Nov 9, 2023 | $0.8 | normal |
| Sep 14, 2023 | Oct 5, 2023 | Aug 7, 2023 | $0.8 | normal |
| Jun 14, 2023 | Jul 6, 2023 | May 10, 2023 | $0.725 | normal |
| Mar 14, 2023 | Apr 5, 2023 | Feb 16, 2023 | $0.725 | normal |
| Dec 14, 2022 | Jan 5, 2023 | Nov 10, 2022 | $0.725 | normal |
| Sep 14, 2022 | Oct 5, 2022 | Aug 11, 2022 | $0.725 | normal |
| Jun 14, 2022 | Jul 6, 2022 | May 12, 2022 | $0.64 | normal |
| Mar 14, 2022 | Apr 5, 2022 | Feb 15, 2022 | $0.64 | normal |
| Dec 14, 2021 | Jan 5, 2022 | Nov 18, 2021 | $0.64 | normal |
| Sep 14, 2021 | Oct 5, 2021 | Aug 12, 2021 | $0.64 | normal |
| Jun 14, 2021 | Jul 2, 2021 | May 11, 2021 | $0.575 | normal |
| Mar 12, 2021 | Apr 2, 2021 | Feb 12, 2021 | $0.575 | normal |
| Dec 14, 2020 | Jan 5, 2021 | Nov 19, 2020 | $0.575 | normal |
| Sep 14, 2020 | Oct 5, 2020 | Aug 10, 2020 | $0.575 | normal |
| Jun 11, 2020 | Jul 2, 2020 | May 5, 2020 | $0.54 | normal |
| Mar 12, 2020 | Apr 3, 2020 | Feb 4, 2020 | $0.54 | normal |
| Dec 12, 2019 | Jan 3, 2020 | Nov 15, 2019 | $0.54 | normal |
| Sep 12, 2019 | Oct 3, 2019 | Jul 31, 2019 | $0.54 | normal |
| Jun 13, 2019 | Jul 3, 2019 | Apr 30, 2019 | $0.485 | normal |
| Mar 14, 2019 | Apr 3, 2019 | Feb 6, 2019 | $0.485 | normal |
| Dec 13, 2018 | Jan 3, 2019 | Nov 8, 2018 | $0.485 | normal |
| Sep 17, 2018 | Oct 3, 2018 | Aug 6, 2018 | $0.485 | normal |
| Jun 14, 2018 | Jul 3, 2018 | May 3, 2018 | $0.365 | normal |
| Mar 14, 2018 | Apr 3, 2018 | Feb 6, 2018 | $0.365 | normal |
| Dec 14, 2017 | Jan 3, 2018 | Nov 16, 2017 | $0.365 | normal |
| Sep 14, 2017 | Oct 3, 2017 | Aug 9, 2017 | $0.365 | normal |
| Jun 13, 2017 | Jul 3, 2017 | May 5, 2017 | $0.33 | normal |
| Mar 10, 2017 | Apr 3, 2017 | Feb 2, 2017 | $0.33 | normal |
| Dec 12, 2016 | Jan 4, 2017 | Nov 17, 2016 | $0.33 | normal |
| Sep 13, 2016 | Oct 1, 2016 | Aug 8, 2016 | $0.33 | normal |
| Jun 15, 2016 | Jul 1, 2016 | $0.3 | normal | |
| Mar 10, 2016 | Apr 1, 2016 | $0.3 | normal | |
| Dec 10, 2015 | Jan 4, 2016 | Nov 12, 2015 | $0.3 | normal |
| Sep 11, 2015 | Oct 1, 2015 | Aug 6, 2015 | $0.3 | normal |
Broadridge Financial Solutions's payout ratio of 53.8% is above the Technology sector and the industry average. In comparison with its Technology sector average of 33.7%, Broadridge Financial Solutions's payout ratio is 60% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| IBM International Business Machines Corp | 3.93% | $6.64 | 80.6% |
| PAYX Paychex Inc | 2.92% | $3.56 | 77.2% |
| BR Broadridge Financial Solutions Inc | 1.6% | $3.13 | 53.8% |
Yes, Broadridge Financial Solutions has paid four dividends in the last 12 months. BR has been paying dividends since 2007.
BR hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in June 2024.
Broadridge Financial Solutions's last regular dividend was on Mar 14, 2024 (ex-date) with the amount of $0.8 per share.
On an annual basis BR pays $3.13 per share.
The current dividend yield of Broadridge Financial Solutions is 1.6%.
Broadridge Financial Solutions pays four dividends per year.
The dividend payout ratio of Broadridge Financial Solutions is 53.8%.
Broadridge Financial Solutions's dividend yield is in line with the Technology sector average.