Broadridge raises dividend 12% and authorizes $1.5 billion buyback
Filed with the SEC on · Summarized by InvestorsBot
Broadridge’s Board declared a quarterly dividend of $1.09 per share, payable October 5, 2026, to stockholders of record September 3, reflecting a 12% increase in the annual dividend to $4.36; it also authorized a new $1.5 billion share repurchase program with no expiration date. For fiscal 2026, recurring revenue rose 8% to $4.88 billion and adjusted EPS increased 12% to $9.60, while fiscal 2027 guidance calls for 6%-8% recurring revenue growth and 8%-12% adjusted EPS growth.