Juniper Networks, Inc. (NYSE:JNPR) Passed Our Checks, And It’s About To Pay A 0.8% Dividend

Juniper Networks, Inc. (NYSE:JNPR) is about to trade ex-dividend in the next 4 days. You can purchase shares before the 3rd of September in order to …

Juniper Networks, Inc. (NYSE:JNPR) is about to trade ex-dividend in the next 4 days. You can purchase shares before the 3rd of September in order to receive the dividend, which the company will pay on the 25th of September.

Juniper Networks’s upcoming dividend is US$0.19 a share, following on from the last 12 months, when the company distributed a total of US$0.76 per share to shareholders. Looking at the last 12 months of distributions, Juniper Networks has a trailing yield of approximately 3.3% on its current stock price of $22.78. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to check whether the dividend payments are covered, and if earnings are growing.

Check out our latest analysis for Juniper Networks

Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Juniper Networks paid out 52% of its earnings to investors last year, a normal payout level for most businesses. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough cash to pay its distribution. Thankfully its dividend payments took up just 47% of the free cash flow it generated, which is a comfortable payout ratio.

It’s encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don’t drop precipitously.

Click here to see the company’s payout ratio, plus analyst estimates of its future dividends.

NYSE:JNPR Historical Dividend Yield, August 29th 2019NYSE:JNPR Historical Dividend Yield, August 29th 2019
NYSE:JNPR Historical Dividend Yield, August 29th 2019

Have Earnings And Dividends Been Growing?

Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. Fortunately for readers, Juniper Networks’s earnings per share have been growing at 10% a year for the past five years. Juniper Networks is paying out a bit over half its earnings, which suggests the company is striking a balance between reinvesting in growth, and paying dividends. This is a reasonable combination that could hint at some further dividend increases in the future.

Many investors will assess a company’s dividend performance by evaluating how much the dividend payments have changed over time. Juniper Networks has delivered an average of 14% per year annual increase in its dividend, based on the past 5 years of dividend payments. It’s exciting to see that both earnings and dividends per share have grown rapidly over the past few years.

Final Takeaway

Should investors buy Juniper Networks for the upcoming dividend? Juniper Networks’s growing earnings per share and conservative payout ratios make for a decent combination. We also like that it paid out a lower percentage of its cash flow. Juniper Networks looks solid on this analysis overall, and we’d definitely consider investigating it more closely.

Ever wonder what the future holds for Juniper Networks? See what the 22 analysts we track are forecasting, with this visualisation of its historical and future estimated earnings and cash flow

We wouldn’t recommend just buying the first dividend stock you see, though. Here’s a list of interesting dividend stocks with a greater than 2% yield and an upcoming dividend.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

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Hall Laurie J Trustee Lowers Position in QUALCOMM, Inc. (NASDAQ:QCOM)

Hall Laurie J Trustee lessened its holdings in shares of QUALCOMM, Inc. (NASDAQ:QCOM) by 3.9% in the 2nd quarter, according to its most recent …

QUALCOMM logoHall Laurie J Trustee lessened its holdings in shares of QUALCOMM, Inc. (NASDAQ:QCOM) by 3.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 5,676 shares of the wireless technology company’s stock after selling 229 shares during the period. Hall Laurie J Trustee’s holdings in QUALCOMM were worth $432,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Weaver Consulting Group acquired a new position in shares of QUALCOMM in the 1st quarter valued at $25,000. Ibex Wealth Advisors bought a new position in QUALCOMM during the 2nd quarter worth about $28,000. Hexavest Inc. bought a new position in QUALCOMM during the 2nd quarter worth about $33,000. Lenox Wealth Advisors LLC bought a new position in QUALCOMM during the 2nd quarter worth about $34,000. Finally, Meridian Wealth Management LLC bought a new position in QUALCOMM during the 1st quarter worth about $26,000. 79.55% of the stock is owned by institutional investors and hedge funds.

In other news, SVP Erin L. Polek sold 1,478 shares of the firm’s stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $70.36, for a total transaction of $103,992.08. Following the sale, the senior vice president now owns 1,386 shares in the company, valued at approximately $97,518.96. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.11% of the company’s stock.

A number of research firms have issued reports on QCOM. Deutsche Bank lowered their target price on QUALCOMM from $80.00 to $75.00 and set an “in-line” rating for the company in a report on Thursday, August 1st. Stifel Nicolaus restated a “buy” rating and issued a $100.00 price objective (up previously from $96.00) on shares of QUALCOMM in a report on Thursday, May 2nd. Cowen reiterated an “outperform” rating and set a $80.00 price target (down previously from $100.00) on shares of QUALCOMM in a report on Thursday, May 23rd. Citigroup lifted their price target on QUALCOMM from $55.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, May 2nd. Finally, DZ Bank restated a “sell” rating on shares of QUALCOMM in a research report on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $79.69.

Shares of NASDAQ QCOM opened at $74.35 on Thursday. The company has a current ratio of 1.77, a quick ratio of 1.61 and a debt-to-equity ratio of 2.46. QUALCOMM, Inc. has a 1-year low of $49.10 and a 1-year high of $90.34. The firm has a market capitalization of $89.38 billion, a P/E ratio of 23.31, a P/E/G ratio of 2.03 and a beta of 1.62. The firm’s 50-day moving average price is $73.68 and its 200-day moving average price is $68.65.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 31st. The wireless technology company reported $0.64 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.02. QUALCOMM had a net margin of 13.41% and a return on equity of 112.21%. The business had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $5.12 billion. During the same period in the prior year, the firm posted $1.01 EPS. The firm’s quarterly revenue was down 12.7% compared to the same quarter last year. Equities research analysts forecast that QUALCOMM, Inc. will post 2.84 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, September 12th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 3.34%. The ex-dividend date of this dividend is Wednesday, September 11th. QUALCOMM’s dividend payout ratio is presently 77.74%.

About QUALCOMM

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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Direct Line Insurance Group (LON:DLG) Hits New 12-Month Low at $285.00

Shares of Direct Line Insurance Group PLC (LON:DLG) reached a new 52-week low on Tuesday . The company traded as low as GBX 285 ($3.72) …

Direct Line Insurance Group logoShares of Direct Line Insurance Group PLC (LON:DLG) reached a new 52-week low on Tuesday . The company traded as low as GBX 285 ($3.72) and last traded at GBX 286.80 ($3.75), with a volume of 319533 shares. The stock had previously closed at GBX 287.70 ($3.76).

A number of equities research analysts have recently weighed in on DLG shares. Morgan Stanley restated an “overweight” rating on shares of Direct Line Insurance Group in a research report on Wednesday, June 19th. Shore Capital restated a “buy” rating on shares of Direct Line Insurance Group in a research report on Wednesday, July 31st. Numis Securities downgraded Direct Line Insurance Group to a “reduce” rating in a research report on Thursday, May 9th. Deutsche Bank restated a “hold” rating on shares of Direct Line Insurance Group in a research report on Thursday, August 1st. Finally, JPMorgan Chase & Co. decreased their price objective on Direct Line Insurance Group from GBX 360 ($4.70) to GBX 345 ($4.51) and set a “neutral” rating for the company in a research note on Monday, July 8th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. Direct Line Insurance Group has a consensus rating of “Hold” and an average price target of GBX 356.91 ($4.66).

The company has a debt-to-equity ratio of 16.68, a current ratio of 0.55 and a quick ratio of 0.34. The business has a 50 day moving average of GBX 313.36 and a 200 day moving average of GBX 331.88. The firm has a market capitalization of $3.94 billion and a price-to-earnings ratio of 9.18.

The business also recently disclosed a dividend, which will be paid on Friday, September 6th. Investors of record on Thursday, August 8th will be paid a dividend of GBX 7.20 ($0.09) per share. The ex-dividend date is Thursday, August 8th. This represents a dividend yield of 2.27%. Direct Line Insurance Group’s dividend payout ratio (DPR) is presently 0.67%.

About Direct Line Insurance Group (LON:DLG)

Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. It operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. The company offers personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance for small and medium-sized enterprises.

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Glassman Wealth Services Buys 924 Shares of QUALCOMM, Inc. (NASDAQ:QCOM)

Glassman Wealth Services lifted its stake in QUALCOMM, Inc. (NASDAQ:QCOM) by 30.8% during the 2nd quarter, according to its most recent 13F …

QUALCOMM logoGlassman Wealth Services lifted its stake in QUALCOMM, Inc. (NASDAQ:QCOM) by 30.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,927 shares of the wireless technology company’s stock after purchasing an additional 924 shares during the period. Glassman Wealth Services’ holdings in QUALCOMM were worth $299,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. HL Financial Services LLC raised its stake in shares of QUALCOMM by 0.6% in the 1st quarter. HL Financial Services LLC now owns 20,371 shares of the wireless technology company’s stock valued at $1,162,000 after purchasing an additional 128 shares during the period. Lindbrook Capital LLC increased its position in shares of QUALCOMM by 5.2% in the second quarter. Lindbrook Capital LLC now owns 2,821 shares of the wireless technology company’s stock valued at $214,000 after acquiring an additional 139 shares during the last quarter. Enterprise Financial Services Corp increased its position in shares of QUALCOMM by 9.9% in the second quarter. Enterprise Financial Services Corp now owns 1,585 shares of the wireless technology company’s stock valued at $121,000 after acquiring an additional 143 shares during the last quarter. Harrington Investments INC increased its position in shares of QUALCOMM by 1.1% in the first quarter. Harrington Investments INC now owns 13,751 shares of the wireless technology company’s stock valued at $784,000 after acquiring an additional 150 shares during the last quarter. Finally, Evolution Wealth Advisors LLC increased its position in shares of QUALCOMM by 4.6% in the first quarter. Evolution Wealth Advisors LLC now owns 3,518 shares of the wireless technology company’s stock valued at $201,000 after acquiring an additional 154 shares during the last quarter. Institutional investors and hedge funds own 79.55% of the company’s stock.

Shares of NASDAQ:QCOM opened at $73.97 on Wednesday. QUALCOMM, Inc. has a 12-month low of $49.10 and a 12-month high of $90.34. The stock has a market cap of $89.38 billion, a PE ratio of 23.19, a P/E/G ratio of 2.03 and a beta of 1.62. The business has a 50 day moving average of $73.71 and a 200-day moving average of $68.53. The company has a quick ratio of 1.61, a current ratio of 1.77 and a debt-to-equity ratio of 2.46.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 31st. The wireless technology company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.02. The company had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $5.12 billion. QUALCOMM had a return on equity of 112.21% and a net margin of 13.41%. The business’s revenue was down 12.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.01 earnings per share. Equities research analysts expect that QUALCOMM, Inc. will post 2.84 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 26th. Investors of record on Thursday, September 12th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend is Wednesday, September 11th. QUALCOMM’s dividend payout ratio (DPR) is currently 77.74%.

A number of analysts recently issued reports on the company. Mizuho reaffirmed a “hold” rating and issued a $68.00 target price on shares of QUALCOMM in a research report on Thursday, August 1st. JPMorgan Chase & Co. lifted their target price on QUALCOMM from $88.00 to $96.00 and gave the company a “positive” rating in a research report on Thursday, May 2nd. Macquarie set a $90.00 target price on QUALCOMM and gave the company a “buy” rating in a research report on Thursday, May 23rd. Raymond James raised QUALCOMM from an “outperform” rating to a “strong-buy” rating and lifted their target price for the company from $85.00 to $115.00 in a research report on Thursday, May 2nd. Finally, Cfra set a $80.00 target price on QUALCOMM and gave the company a “buy” rating in a research report on Thursday, May 23rd. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. QUALCOMM presently has a consensus rating of “Buy” and an average price target of $79.69.

In related news, SVP Erin L. Polek sold 1,478 shares of the business’s stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $70.36, for a total value of $103,992.08. Following the completion of the sale, the senior vice president now directly owns 1,386 shares in the company, valued at $97,518.96. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.11% of the company’s stock.

About QUALCOMM

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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Baillie Gifford & Co. Sells 90204 Shares of NVIDIA Co. (NASDAQ:NVDA)

Baillie Gifford & Co. trimmed its stake in NVIDIA Co. (NASDAQ:NVDA) by 1.2% during the 2nd quarter, according to the company in its most recent …

NVIDIA logoBaillie Gifford & Co. trimmed its stake in NVIDIA Co. (NASDAQ:NVDA) by 1.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,557,138 shares of the computer hardware maker’s stock after selling 90,204 shares during the period. NVIDIA makes up approximately 1.3% of Baillie Gifford & Co.’s portfolio, making the stock its 18th biggest holding. Baillie Gifford & Co. owned approximately 1.24% of NVIDIA worth $1,241,110,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Delek Group Ltd. purchased a new stake in NVIDIA in the second quarter worth approximately $610,000. Corient Capital Partners LLC boosted its stake in NVIDIA by 47.7% in the second quarter. Corient Capital Partners LLC now owns 4,295 shares of the computer hardware maker’s stock worth $705,000 after buying an additional 1,387 shares in the last quarter. Frisch Financial Group Inc. boosted its stake in NVIDIA by 6.3% in the second quarter. Frisch Financial Group Inc. now owns 1,600 shares of the computer hardware maker’s stock worth $263,000 after buying an additional 95 shares in the last quarter. Mogy Joel R Investment Counsel Inc. boosted its stake in NVIDIA by 23.4% in the second quarter. Mogy Joel R Investment Counsel Inc. now owns 17,965 shares of the computer hardware maker’s stock worth $2,950,000 after buying an additional 3,409 shares in the last quarter. Finally, Smith Asset Management Group LP purchased a new stake in NVIDIA in the second quarter worth approximately $9,640,000. Institutional investors own 66.93% of the company’s stock.

Shares of NVDA stock opened at $161.80 on Wednesday. The stock has a fifty day moving average of $164.31 and a 200 day moving average of $164.14. NVIDIA Co. has a 52 week low of $124.46 and a 52 week high of $292.76. The firm has a market capitalization of $98.54 billion, a price-to-earnings ratio of 26.66, a PEG ratio of 4.16 and a beta of 2.07. The company has a quick ratio of 7.74, a current ratio of 8.65 and a debt-to-equity ratio of 0.24.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Thursday, August 15th. The computer hardware maker reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.37. NVIDIA had a return on equity of 24.40% and a net margin of 26.93%. The company had revenue of $2.58 billion during the quarter, compared to analyst estimates of $2.55 billion. During the same quarter last year, the firm posted $1.94 earnings per share. The firm’s revenue was down 17.4% on a year-over-year basis. Equities research analysts anticipate that NVIDIA Co. will post 4.08 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 20th. Shareholders of record on Thursday, August 29th will be issued a $0.16 dividend. The ex-dividend date is Wednesday, August 28th. This represents a $0.64 dividend on an annualized basis and a yield of 0.40%. NVIDIA’s dividend payout ratio (DPR) is 10.54%.

Several analysts have issued reports on the company. Zacks Investment Research lowered NVIDIA from a “buy” rating to a “hold” rating in a research note on Thursday, May 16th. Barclays cut their target price on NVIDIA from $180.00 to $170.00 and set an “overweight” rating for the company in a research note on Friday, August 16th. Bank of America reaffirmed a “buy” rating on shares of NVIDIA in a research note on Tuesday, August 20th. Nomura reaffirmed a “hold” rating on shares of NVIDIA in a research note on Friday, August 23rd. Finally, FBN Securities set a $190.00 target price on NVIDIA and gave the stock a “buy” rating in a research note on Friday, August 16th. Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twenty-eight have assigned a buy rating to the stock. NVIDIA presently has a consensus rating of “Buy” and a consensus target price of $190.40.

In other NVIDIA news, Director Harvey C. Jones sold 100,000 shares of the stock in a transaction on Monday, June 17th. The stock was sold at an average price of $145.10, for a total value of $14,510,000.00. Following the completion of the transaction, the director now owns 32,983 shares in the company, valued at $4,785,833.30. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Dawn E. Hudson sold 5,000 shares of the stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $171.73, for a total value of $858,650.00. Following the completion of the transaction, the director now owns 36,037 shares of the company’s stock, valued at approximately $6,188,634.01. The disclosure for this sale can be found here. In the last quarter, insiders sold 112,236 shares of company stock valued at $16,570,776. 4.64% of the stock is owned by corporate insiders.

NVIDIA Profile

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the Graphics Processing Unit (GPU) and Tegra Processor segments. The GPU segment comprises of product brands which aims specialized markets including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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