S&P Global Increases Dividend 15.0% to $0.77
Get Alerts SPGI Hot Sheet
Join SI Premium – FREE
NEW YORK, Jan. 27, 2021 /PRNewswire/ -- The Board of Directors of S&P Global (NYSE: SPGI) today approved a 15.0% increase in the regular quarterly cash dividend on the Company's common stock.
"Increasing the dividend demonstrates our confidence and optimism in the continued strength of our cash flow generation and financial position," said Douglas L. Peterson, President and CEO of S&P Global. "Returning cash to shareholders remains a cornerstone of our shareholder value proposition. In 2020, we returned $1.8 billion to shareholders in the form of dividends and share repurchases."
The Company has paid a dividend each year since 1937 and is one of fewer than 25 companies in the S&P 500® that has increased its dividend annually for at least the last 48 years.
The quarterly dividend will increase from $0.67 to $0.77 per share. The dividend of $0.77 is payable on March 10, 2021, to shareholders of record on February 24, 2021. The new annualized dividend rate of $3.08 per share represents an average compound annual dividend growth rate of 10.2% since 1974.
About S&P Global:S&P Global (NYSE: SPGI) is the world's foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, offering ESG solutions, deep data and insights on critical business factors. We've been providing essential intelligence that unlocks opportunity, fosters growth and accelerates progress for more than 160 years. Our divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts. For more information, visit www.spglobal.com.
Contacts:
News Media: Christopher KrantzLead, Executive Communications+44 (0) 20 7176 0060 (office)[email protected]
Investor Relations:Chip Merritt Senior Vice President, Investor Relations (212) 438-4321[email protected]
View original content:http://www.prnewswire.com/news-releases/sp-global-increases-dividend-15-0-to-0-77--301216310.html
SOURCE S&P Global
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Union Construction Industry Unites to Combat Substance Use Disorder and Build Mental Wellness at 4th Annual BTEA Recovery Week
- FreeCap Financial launches The Decarceration Index (FREEIN), the first criminal justice index aimed at ending mass incarceration
- Largest Offshore Wind Project in U.S. History Receives Full Federal Environmental Permitting Approval
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!