Equifax hikes dividend for first time since 2017

Big dividend increase but a low yield

Equifax EFX 0.00%↑ announced that it will hike its quarterly dividend by 28.2% to 50 cents per share in 2025. This is the first dividend increase by EFX since 2017.

The next dividend will be paid on June 13, 2025. The dividend yield for EFX is 0.8% at a stock price of $245. The interesting thing is that Equifax also did double digit dividend hikes from 2012 to 2017. No hikes have been announced since.

So this big dividend boost in 2025 is a good thing, but at a stock price of $245 the dividend yield is only 0.5%.

Equifax is a global credit reporting agency that collects, stores, and analyzes consumer financial data to provide credit reports and scores to businesses and individuals. It also offers solutions for identity verification, fraud prevention, and risk management.

Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.