Thomson Reuters Co. (NYSE:TRI – Get Free Report) (TSE:TRI) declared a quarterly dividend on Tuesday, November 5th, Zacks reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.54 per share by the business services provider on Tuesday, December 10th. This represents a $2.16 annualized dividend and a yield of 1.31%. The ex-dividend date is Thursday, November 21st. This is a positive change from Thomson Reuters’s previous quarterly dividend of $0.15.
Thomson Reuters Trading Down 3.9 %
Shares of TRI stock traded down $6.62 during trading hours on Wednesday, hitting $164.52. The company had a trading volume of 124,341 shares, compared to its average volume of 354,691. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market capitalization of $74.01 billion, a PE ratio of 32.86, a price-to-earnings-growth ratio of 5.55 and a beta of 0.73. The company’s fifty day moving average is $168.79 and its 200 day moving average is $166.61. Thomson Reuters has a fifty-two week low of $127.68 and a fifty-two week high of $176.03.
Thomson Reuters (NYSE:TRI – Get Free Report) (TSE:TRI) last released its quarterly earnings results on Tuesday, November 5th. The business services provider reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.03. Thomson Reuters had a return on equity of 15.22% and a net margin of 33.65%. The company had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the prior year, the firm earned $0.82 earnings per share. The firm’s revenue was up 8.2% compared to the same quarter last year. Research analysts expect that Thomson Reuters will post 3.71 earnings per share for the current fiscal year.
Analyst Ratings Changes
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Thomson Reuters Company Profile
Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.
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