TransUnion Declares Third Quarter 2024 Dividend of $0.105 per Share

Rhea-AI Summary

TransUnion (NYSE: TRU) announced that its Board of Directors has declared a quarterly cash dividend of $0.105 per share for the third quarter 2024. The dividend will be paid on December 9, 2024, to shareholders who are on record as of November 22, 2024.

Positive

• Maintains consistent dividend payment, demonstrating financial stability

Negative

• None.

Insights

Financial Analyst

The quarterly dividend announcement of $0.105 per share maintains TransUnion's consistent capital return program, representing an annual yield of approximately 0.4% based on current share prices. While dividend payments signal financial stability, this relatively modest yield is below the S&P 500 average of about 1.5%. The company's focus appears to be on retaining capital for growth initiatives and debt management rather than providing significant income to shareholders through dividends.

The unchanged dividend rate suggests management's conservative approach to capital allocation amid current market conditions and the company's ongoing strategic investments. For long-term investors, the dividend policy reflects TransUnion's prioritization of financial flexibility over immediate shareholder returns.

CHICAGO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced that its Board of Directors declared a cash dividend of $0.105 per share for the third quarter 2024. The dividend will be payable on December 9, 2024, to shareholders of record on November 22, 2024.

About TransUnion (NYSE: TRU)

TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world.

http://www.transunion.com/business

E-mail	investor.relations@transunion.com
Telephone	312-985-2860

FAQ

What is TransUnion's dividend amount for Q3 2024?

TransUnion (TRU) declared a dividend of $0.105 per share for the third quarter of 2024.

When will TransUnion (TRU) pay its Q3 2024 dividend?

TransUnion will pay its Q3 2024 dividend on December 9, 2024, to shareholders of record as of November 22, 2024.

What is the record date for TransUnion's Q3 2024 dividend?

The record date for TransUnion's Q3 2024 dividend is November 22, 2024.