Moody's Corporation (MCO) will raise its quarterly dividend by 12.9 percent to 70 cents per share. This comes after a 10.7 percent hike to 62 cents per share in 2021 and will mark 12 consecutive years of increased dividends.

The next MCO dividend will be payable on March 18, 2022 to stockholders of record at the close of business on February 25, 2022. The new annualized dividend rate of $2.80 per share yields 0.8% at a stock price of $323. Moody's will pay shareholders an estimated total dividend of $521 million annually based on calculations by dividendhike.

Moody’s returned $463 million to its stockholders via dividend payments during 2021. On February 7, 2022, the Board of Directors declared a regular quarterly dividend of $0.70 per share of MCO Common Stock.

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.