S&P Global Clarifies $0.90 Quarterly Dividend

Rhea-AI Summary

On February 1, 2023, S&P Global (NYSE: SPGI) clarified its previously announced quarterly dividend of $0.90 per share, correcting an earlier report that indicated a 6.4% increase. The actual increase is 5.9%, with the dividend now remaining from $0.85 to $0.90 per share. This dividend is payable on March 10, 2023, to shareholders of record on February 24, 2023. The annualized dividend rate also remains at $3.60 per share.

Positive

• Dividend increased from $0.85 to $0.90 per share, reflecting the company's commitment to returning value to shareholders.
• Annualized dividend rate remains stable at $3.60 per share, indicating consistent income for investors.

Negative

• Correction of the dividend increase from 6.4% to 5.9% may indicate potential communication issues within the company.

NEW YORK, Feb. 1, 2023 /PRNewswire/ -- As previously announced on January 25, 2023, the Board of Directors of S&P Global (NYSE: SPGI) approved a quarterly dividend of $0.90 per share on the Company's common stock.

The prior release erroneously stated the dividend increased 6.4%.  The dividend increased 5.9%

The quarterly dividend increase remains unchanged from $0.85 to $0.90 per share. The dividend of $0.90 is payable on March 10, 2023, to shareholders of record on February 24, 2023. The new annualized dividend rate remains unchanged at $3.60 per share.

About S&P Global:
S&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through ESG and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world.

We are widely sought after by many of the world's leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world's leading organizations plan for tomorrow, today.

Contacts:

Investor Relations:
Mark Grant
Senior Vice President, Investor Relations
Tel:  + 1 347 640 1521

Media:
Christopher Krantz
Tel:  +44 7976 632 638
christopher.krantz@spglobal.com

View original content:https://www.prnewswire.com/news-releases/sp-global-clarifies-0-90-quarterly-dividend-301736670.html

SOURCE S&P Global

FAQ

What is the S&P Global dividend for March 2023?

S&P Global's dividend for March 2023 is $0.90 per share.

When will S&P Global's dividend be paid?

The dividend will be paid on March 10, 2023.

What is the record date for S&P Global's March dividend?

The record date for the dividend is February 24, 2023.

How much did S&P Global increase its dividend?

S&P Global increased its dividend by 5.9%.

What is the annualized dividend for S&P Global?

The annualized dividend for S&P Global remains at $3.60 per share.