Previous Close | 40.32 |
Open | 40.47 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 39.41 - 40.62 |
52 Week Range | 39.13 - 61.62 |
Volume | |
Avg. Volume | 721,225 |
Market Cap | 9.734B |
Beta (5Y Monthly) | 0.66 |
PE Ratio (TTM) | 39.02 |
EPS (TTM) | 1.01 |
Earnings Date | Jul 23, 2024 |
Forward Dividend & Yield | 1.10 (2.79%) |
Ex-Dividend Date | Jun 10, 2024 |
1y Target Est | 60.80 |
Edenred SE (EDNMY) recently announced a dividend of $0.59 per share, payable on June 27, 2024, with the ex-dividend date set for June 7, 2024. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Edenred SE's dividend performance and assess its sustainability.
Gift and restaurant voucher provider Edenred reported a record annual core profit on Tuesday, but the result was overshadowed by higher financial expenses related to a recent acquisition and rising interest rates, sending its shares lower. The French company, which is known for its "Ticket Restaurant" vouchers, reported earnings before interest, taxes, depreciation and amortization (EBITDA) rose 31% to 1.09 billion euros ($1.18 billion) in 2023, just above a company-compiled consensus of 1.08 billion euros. Like its peer Sodexo, which has just spun off its voucher division, Edenred has seen strong demand for its gift and restaurant vouchers from employers as a way to help staff cope with rising inflation without hiking wages.
First-half 2023 results Thanks to the sound execution of its Beyond22-25 plan, Edenred confirms its strong growth momentum, quarter after quarter Edenred reports a strong increase in earnings compared with first-half 2022 Total revenue of €1,163 million in first-half 2023, up 26.1% as reported (+25.5% like-for-like) Operating revenue of €1,081 million, up 20.0% on a like-for-like basis, including a 19.6% rise in the second quarterOther revenue of €82 million, versus €31 million in first-half 202