Press Releases

Equifax Board Of Directors Announces First Quarter Dividend; Increases By 12.5% To $0.18 Per Share

Stock quotes in this article:EFX 

ATLANTA, Feb. 10, 2012 /PRNewswire/ -- Equifax Inc. (NYSE: EFX) today announced that its Board of Directors has approved a 12.5 percent increase in the quarterly cash dividend, increasing it to $0.18 per share from the previous quarterly dividend of $0.16 per share.  The cash dividend is payable on March 15, 2012, to shareholders of record at the close of business on February 23, 2012.  Equifax has paid cash dividends for 99 consecutive years.

(Logo:  http://photos.prnewswire.com/prnh/20060224/CLF037LOGO

"Our dividend program is an important part of our shareholders' total return on investment in Equifax," said Richard F. Smith, Equifax's Chairman and Chief Executive Officer.  "The fact that our annual cash dividend has increased again after a substantial increase last year, demonstrates our confidence in Equifax's future growth and expectations for continued strong performance."    

In the fourth quarter of 2010, Equifax increased its quarterly cash dividend by 300% from $0.04 to $0.16 to deliver a more meaningful cash return to continuing shareholders, targeted at a range of 25% to 35% of net income.

About Equifax

Equifax is a global leader in consumer, commercial and workforce information solutions, providing businesses of all sizes and consumers with information they can trust. We organize and assimilate data on more than 500 million consumers and 81 million businesses worldwide, and use advanced analytics and proprietary technology to create and deliver customized insights that enrich both the performance of businesses and the lives of consumers.

Headquartered in Atlanta, Equifax operates or has investments in 17 countries and is a member of Standard & Poor's (S&P) 500 ® Index.  Its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. For more information, please visit www.equifax.com.

Forward-Looking Statements

Management believes certain statements in this earnings release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements regarding the timing and amount of future dividend payments, the targeted dividend payout ratio and growth expectations.  The declaration and payment of dividends is at the discretion of Equifax's Board of Directors and will depend on the company's financial results, cash requirements, future prospects, and other factors deemed relevant by the Board.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,393.45 1,310.33 2,827.34 14.72
Oil *
98.53
DOWN
26.41
DOWN
2.99
DOWN
10.02
DOWN
1.09
10 Yr
1.47%
SPDR Gold
151.62
-0.21%
-0.23%
-0.35%
-6.89%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet