Broadridge Financial Solutions, Inc. (BR) announced its financial results for the fourth quarter on Tuesday, along with its adjusted earnings growth and recurring revenue growth projections for the entire fiscal year of 2025. Additionally, the company declared a 10 percent increase in its quarterly dividend.For the fiscal year 2025, Broadridge forecasts an 8 to 12 percent growth in adjusted earnings per share, alongside a 5 to 7 percent growth in constant currency recurring revenue.Analysts surveyed by Thomson Reuters anticipate that Broadridge will report earnings of $8.44 per share on revenues of $6.88 billion for the year. These analyst estimates typically exclude special items.Moreover, on Monday, Broadridge’s Board of Directors announced a 10 percent increase in the quarterly dividend, setting it at $0.88 per share. This dividend is payable on October 3, 2024, to shareholders of record as of September 12, 2024.The material has been provided by InstaForex Company – www.instaforex.com
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