Verisk Analytics (VRSK) Commences $0.25 Cash Dividend
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Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 0.8%
EPS Growth %: +17.8%
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Verisk Analytics (NASDAQ: VRSK) declared a quarterly dividend of $0.25 per share.
The dividend will be payable on February 19, 2019, to stockholders of record on March 15, 2019, with an ex-dividend date of March 14, 2019.
"The decision by our Board of Directors to initiate a dividend represents an important milestone in what is our tenth year as a public company. It demonstrates the confidence we have in our ability to drive sustainable, profitable growth; generate significant free cash flow; and create long-term shareholder value," said Scott Stephenson, chairman, president, and CEO.
Lee Shavel, executive vice president and CFO, added, "The dividend initiation adds another element to our capital allocation strategy and underscores our commitment to deliver value to our shareholders. With our strong free cash flow generation, Verisk will continue to maintain sufficient operational liquidity, invest in future growth opportunities, and return capital to shareholders."
For a dividend history and other dividend-related data on Verisk Analytics (VRSK) click here.
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