IHS Markit declares quarterly cash dividend in Q3 2021
IHS Markit (NYSE:INFO) announced that its Board of Directors has declared a quarterly cash dividend in the third quarter of 2021, in the amount of $0.20 per share. The cash dividend is payable on August 13, 2021 to common shareholders of record at the close of business on July 30, 2021.
The Markit Group Holdings Limited Employee Benefit Trust, has, subject to certain limited exceptions, waived its right to receive dividends with respect to common shares it holds and, as a result, it will not participate in the dividend payable on August 13, 2021.
Let’s recall that IHS Markit reported a rise in revenues for the second quarter ended May 31, 2021. Revenue for the second quarter of fiscal year 2021 amounted to $1.181 billion, up 15% from a year earlier, with 13% total organic revenue growth.
Net income for the three months to end-May 2021 reached $159 million, up 122% from the equivalent period in 2020. Diluted earnings per share (EPS) were $0.40.