Broadridge Financial Solutions (BR) Raises Quarterly Dividend 28.6% to $0.27; 2.7% Yield

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Go back to Broadridge Financial Solutions (BR) Raises Quarterly Dividend 28.6% to $0.27; 2.7% Yield

Broadridge Financial (BR) Tops Q4 EPS by 1c; Boosts Buyback

August 7, 2014 8:30 AM EDT

Broadridge Financial (NYSE: BR) reported Q4 EPS of $1.17, $0.01 better than the analyst estimate of $1.16. Revenue for the quarter came in at $886 million versus the consensus estimate of $878.7 million.

Broadridge Financial sees FY2015 EPS of $2.42-$2.52, versus the consensus of $2.48.

In addition, on August 6, 2014, the Board authorized the repurchase of up to an additional 6.2 million shares of Broadridge common stock. The share repurchases will be made in the open market or privately negotiated transactions in compliance with applicable legal requirements and other factors. With this authorization, the Company currently has approximately 10 million shares... More