SAP SE (NYSE:SAP) Increases Dividend to $2.54 Per Share

SAP SE (NYSE:SAP - Get Free Report) announced an annual dividend on Monday, April 7th, Wall Street Journal reports. Investors of record on Tuesday, May 13th will be given a dividend of 2.5423 per share by the software maker on Friday, May 23rd. This represents a yield of 0.8%. The ex-dividend date is Tuesday, May 13th. This is a 6.6% increase from SAP's previous annual dividend of $2.39.

SAP has raised its dividend by an average of 1.8% per year over the last three years. SAP has a payout ratio of 31.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect SAP to earn $7.77 per share next year, which means the company should continue to be able to cover its $2.54 annual dividend with an expected future payout ratio of 32.7%.

SAP Price Performance

SAP stock traded up $0.56 during mid-day trading on Friday, reaching $259.05. The company had a trading volume of 1,627,681 shares, compared to its average volume of 972,150. The stock's 50-day simple moving average is $272.86 and its 200-day simple moving average is $254.21. SAP has a 1 year low of $175.08 and a 1 year high of $293.70. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. The company has a market capitalization of $318.25 billion, a P/E ratio of 90.26, a P/E/G ratio of 4.71 and a beta of 1.28.

SAP (NYSE:SAP - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The software maker reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.51 by ($0.02). SAP had a return on equity of 12.18% and a net margin of 9.17%. On average, equities analysts predict that SAP will post 6.55 EPS for the current year.

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Institutional Inflows and Outflows

An institutional investor recently raised its position in SAP stock. Brighton Jones LLC grew its stake in shares of SAP SE (NYSE:SAP - Free Report) by 91.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,633 shares of the software maker's stock after buying an additional 1,255 shares during the period. Brighton Jones LLC's holdings in SAP were worth $648,000 as of its most recent SEC filing.

Analyst Upgrades and Downgrades

SAP has been the topic of a number of research reports. Royal Bank of Canada reissued an "outperform" rating and issued a $38.00 price objective on shares of SAP in a research note on Thursday, January 30th. Kepler Capital Markets upgraded shares of SAP from a "hold" rating to a "buy" rating in a research report on Wednesday, January 15th. Barclays lifted their price objective on SAP from $283.00 to $286.00 and gave the stock an "overweight" rating in a research report on Thursday, January 30th. JMP Securities increased their target price on SAP from $300.00 to $330.00 and gave the company a "market outperform" rating in a report on Wednesday, January 29th. Finally, BMO Capital Markets upped their price objective on SAP from $265.00 to $307.00 and gave the company an "outperform" rating in a research report on Wednesday, January 29th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat, SAP currently has an average rating of "Buy" and an average target price of $248.83.

About SAP

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.