Three long-term dividend payers announced quarterly dividends on June 17.
On July 15, Pegasystems Inc (PEGA, Financial) will pay a quarterly dividend of 3 cents per share to shareholders of record as of July 1. The ex-dividend date is scheduled for June 28.
Based on the closing share price of $70.51 on Monday, the payment generates a forward dividend yield of 0.17% versus the industry median of 1.79%. The forward dividend yield of Pegasystems is ranked lower than nearly 1,329 out of 1,375 companies that operate in the Software - Application industry.
The software company has regularly paid dividends since December 2006. The trailing 12-month dividend per share was flat over the last five years through April 15, the date of the prior payment.
The stock has gained 50% so far this year, topping the S&P 500 Index by 33.5%. The closing price on Monday was 66.2% above the 52-week low of $43.21 and 6.5% below the 52-week high of $76.49.
The market cap of Pegasystems is $5.56 billion, the price-to-owner-earnings ratio is 1,281.99 versus the industry median of 25.26, the price-book ratio is 9.43 versus the industry median of 2.93 and the price-sales ratio is 6.76 compared to the industry median of 2.86.
The Peter Lynch chart suggests the stock is expensive.
Wall Street issued a buy recommendation rating for shares of Pegasystems with an average target price of $82.80, reflecting 15.5% upside from the closing price on Monday.
On July 24, Roper Technologies Inc. (ROP, Financial) will distribute a dividend of 46.25 cents per share to its shareholders of record as July 8. The ex-dividend date is scheduled for July 5.
Based on Monday's closing price of $361.86 per share, Roper Technologies has a forward dividend yield of 0.51% versus the industry median of 2.2%.
The forward dividend yield is ranked lower than 1,732 out of 1,929 companies that operate in the Diversified Industrials industry.
The global designer and provider of software and engineered products has regularly paid quarterly dividends since October 1992. The annual dividend per share increased by 3.7% on average over the last five years.
The stock has gained 38.5% this year, outperforming the S&P 500 by 21.8%. The closing price on Monday was 47.3% above the 52-week low of $245.59 and 2.2% below the 52-week high of $369.95. The stock has a market capitalization of $37.58 billion, a price-earnings ratio of 34.30 versus the industry median of 17.65, a price book ratio of 4.66 versus the industry median of 1.54 and a price-sales ratio of 7.17 versus the industry median of 1.07.
The Peter Lynch chart suggests the stock is overvalued.
Wall Street issued an overweight recommendation rating for shares of Roper Technologies. The average target price is $361.75, which is flat from Monday's closing price.
On July 15, Thor Industries Inc (THO, Financial) will pay 39 cents per share to shareholders of record as of July 1. The ex-dividend date is scheduled for June 28.
Based on Monday's closing price of $55.17 per share, the forward dividend yield is 2.83% compared to the industry median of 2.79%. It is ranked lower than nearly 847 out of 1,413 companies operating in the Recreational Vehicles industry.
The company, which manufactures and sells recreational vehicles, has continuously paid quarterly dividends since 1988. The trailing 12-month dividend per share increased 1.9% on average every 12 months over the past five years through April 18, which is the date of the last quarterly distribution.
Shares of Thor Industries have risen 6% this year, but are underperforming the S&P 500 Index by 9%. The closing price on Monday was 16% above the 52-week low of $47.71 and 99.3% below the 52-week high of $109.94.
Thor Industries has a market capitalization of $3.04 billion, a price-earnings ratio of 22.79 versus the industry median of 13.25, a price-book ratio of 1.48 versus the industry median of 1.26 and a price-sales ratio of 0.40 versus the industry median of 0.63.
The Peter Lynch chart suggests the stock is not cheap.
Wall Street issued an overweight recommendation rating on shares of Thor Industries with an average target price of $74.3, which is about 35% higher than the closing price on Monday.
Disclosure: I have no positions in any securities mentioned.
Read more here:
- 3 Stocks With High Earnings Yields
- 3 Real Estate Stocks With High Forward Dividend Yields
- 3 Falling Knives With Low Debt-Equity Ratios
Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.
