Moody's As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
MCO $3.08 10.0% 12.9% 10.7%
Business yield Hike yrs 5 yr CAGR freq. paid since
Credit Ratings & Research 1.0% 13 11.8% Quarter 2000
Moody's hikes dividend by 10.7%

Moody's Corporation (MCO) will raise its quarterly dividend by 10.7 percent to 62 cents per share in 2021. This follows a 12.0 percent hike to $0.56 per share in the first quarter of 2020. Moody's has now hiked its dividend for 11 consecutive years.

The next dividend will be payable on March 18, 2021 to stockholders of record at the close of business on February 25, 2021. The new annualized dividend rate of $2.48 per share yields 0.8% at a stock price of $322.

Moody's Corp provides credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody’s Corporation is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The company went public in 1998 and has paid a dividend every year since 2000.