Motorola Solutions, Inc. (MSI) To Go Ex-Dividend on December 13th

Motorola Solutions, Inc. (NYSE:MSI) declared a quarterly dividend on Thursday, November 14th,RTT News reports. Stockholders of record on Friday, December 13th will be paid a dividend of 1.09 per share by the communications equipment provider on Wednesday, January 15th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Friday, December 13th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.98.

Motorola Solutions has raised its dividend by an average of 11.2% annually over the last three years and has raised its dividend annually for the last 13 consecutive years. Motorola Solutions has a dividend payout ratio of 29.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Motorola Solutions to earn $13.46 per share next year, which means the company should continue to be able to cover its $4.36 annual dividend with an expected future payout ratio of 32.4%.

Motorola Solutions Trading Down 0.4 %

Shares of MSI stock opened at $477.02 on Wednesday. The company has a market cap of $79.72 billion, a PE ratio of 52.25, a price-to-earnings-growth ratio of 3.86 and a beta of 0.99. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The stock’s 50 day simple moving average is $476.80 and its two-hundred day simple moving average is $430.35. Motorola Solutions has a 1 year low of $307.09 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. The firm had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Research analysts predict that Motorola Solutions will post 12.57 earnings per share for the current year.

Analysts Set New Price Targets

MSI has been the subject of a number of recent analyst reports. Raymond James lifted their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Bank of America lifted their price target on Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Barclays increased their price objective on Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Finally, Jefferies Financial Group upped their target price on Motorola Solutions from $460.00 to $510.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. Nine research analysts have rated the stock with a buy rating, According to MarketBeat.com, Motorola Solutions presently has a consensus rating of “Buy” and a consensus target price of $506.29.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.