MSCI (MSCI) Declares $1.38 Dividend
MSCI said on April 24, 2023 that its board of directors declared a regular quarterly dividend of $1.38 per share ($5.52 annualized). Previously, the company paid $1.38 per share.
Shares must be purchased before the ex-div date of May 11, 2023 to qualify for the dividend. Shareholders of record as of May 12, 2023 will receive the payment on May 31, 2023.
At the current share price of $471.15 / share, the stock's dividend yield is 1.17%. Looking back five years and taking a sample every week, the average dividend yield has been 0.97%, the lowest has been 0.54%, and the highest has been 1.72%. The standard deviation of yields is 0.25 (n=236).
The current dividend yield is 0.83 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 0.50. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is 1.03%, demonstrating that it has increased its dividend over time.
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What is the Fund Sentiment?
There are 1702 funds or institutions reporting positions in MSCI. This is an increase of 83 owner(s) or 5.13% in the last quarter. Average portfolio weight of all funds dedicated to MSCI is 0.43%, an increase of 3.87%. Total shares owned by institutions increased in the last three months by 1.31% to 89,673K shares. 
The put/call ratio of MSCI is 0.82, indicating a bullish outlook.
Analyst Price Forecast Suggests 24.74% Upside
As of April 24, 2023, the average one-year price target for MSCI is 587.71. The forecasts range from a low of 525.20 to a high of $641.55. The average price target represents an increase of 24.74% from its latest reported closing price of 471.15.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for MSCI is 2,482MM, an increase of 8.82%. The projected annual non-GAAP EPS is 12.83.
What are Other Shareholders Doing?
Massachusetts Financial Services holds 3,069K shares representing 3.83% ownership of the company. In it's prior filing, the firm reported owning 3,088K shares, representing a decrease of 0.63%. The firm increased its portfolio allocation in MSCI by 2.34% over the last quarter.
Alliancebernstein holds 2,383K shares representing 2.98% ownership of the company. In it's prior filing, the firm reported owning 1,492K shares, representing an increase of 37.38%. The firm increased its portfolio allocation in MSCI by 63.71% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,308K shares representing 2.88% ownership of the company. In it's prior filing, the firm reported owning 2,280K shares, representing an increase of 1.20%. The firm increased its portfolio allocation in MSCI by 3.08% over the last quarter.
Price T Rowe Associates holds 2,183K shares representing 2.73% ownership of the company. In it's prior filing, the firm reported owning 1,715K shares, representing an increase of 21.42%. The firm increased its portfolio allocation in MSCI by 37.82% over the last quarter.
Bamco holds 2,174K shares representing 2.72% ownership of the company. In it's prior filing, the firm reported owning 2,182K shares, representing a decrease of 0.38%. The firm increased its portfolio allocation in MSCI by 14.19% over the last quarter.
MSCI Background Information
(This description is provided by the company.)
MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data and technology, MSCI powers better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. MSCI creates industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process.
This story originally appeared on Fintel.