Match Group Inc. (NASDAQ:MTCH) Announces Quarterly Dividend of $0.20

by · The Markets Daily

Match Group Inc. (NASDAQ:MTCH – Get Free Report) announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Monday, October 5th will be paid a dividend of 0.20 per share by the technology company on Tuesday, October 20th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, October 5th.

Match Group has decreased its dividend by an average of 0.7%per year over the last three years. Match Group has a dividend payout ratio of 31.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Match Group to earn $3.49 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 22.9%.

Match Group Price Performance

Match Group stock opened at $41.24 on Wednesday. Match Group has a 12-month low of $28.81 and a 12-month high of $41.40. The stock has a market capitalization of $9.62 billion, a PE ratio of 15.74, a price-to-earnings-growth ratio of 0.65 and a beta of 1.30. The firm has a 50 day simple moving average of $37.27 and a 200-day simple moving average of $34.29.

Match Group (NASDAQ:MTCH – Get Free Report) last announced its earnings results on Tuesday, August 4th. The technology company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.65 by $0.05. The firm had revenue of $853.11 million for the quarter, compared to analysts’ expectations of $857.77 million. Match Group had a negative return on equity of 307.45% and a net margin of 18.83%.The firm’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.49 earnings per share. On average, analysts forecast that Match Group will post 3.11 earnings per share for the current fiscal year.

Trending Headlines about Match Group

Here are the key news stories impacting Match Group this week:

  • Positive Sentiment: Match Group reported second-quarter adjusted earnings of $0.70 per share, exceeding the $0.65 analyst consensus. Net income increased to $170.5 million from $125.5 million a year earlier, while adjusted EBITDA reportedly surpassed expectations. Match Group Announces Second Quarter Results
  • Positive Sentiment: Hinge remained a key growth driver: revenue rose 22% year over year and global monthly active users increased 13%. Tinder’s year-over-year daily-active-user decline narrowed to 4%, suggesting that product changes may be beginning to improve engagement. Match Group Q2 Revenue Falls 1% To $853 Million
  • Positive Sentiment: Management expects third-quarter revenue of $885 million to $895 million and plans to expand Tinder Events to 26 cities by the end of September, providing potential catalysts for engagement and monetization. The company also declared a $0.20-per-share quarterly dividend and has repurchased approximately $245 million of stock year to date. Match Group Q3 Outlook and Tinder Events
  • Neutral Sentiment: TD Cowen reaffirmed a Buy rating while trimming its price target to $45, indicating that analysts remain constructive on profitability and the turnaround but see limited visibility on revenue growth. Match Group Buy Rating Reaffirmed
  • Negative Sentiment: Second-quarter revenue fell 1.2% year over year to $853.1 million, below the $857.8 million consensus estimate. Tinder’s sluggish performance continued to weigh on consolidated results, and the company is still experiencing declines in paying users. Match Group Revenue Falls Short of Estimates
  • Negative Sentiment: The third-quarter revenue midpoint of $890 million is slightly below analysts’ $891.3 million expectation. Investors also remain concerned that Tinder user-experience changes and ongoing weakness at Azar could create additional short-term revenue pressure, overshadowing improving engagement trends.

About Match Group

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Match Group, Inc (NASDAQ: MTCH) is a leading provider of online dating products and services. The company owns and operates a diverse portfolio of consumer brands that connect singles through digital platforms. Its flagship offerings include Match.com, Tinder, Hinge, OkCupid and PlentyOfFish, which together serve users looking for long-term relationships, casual encounters and social networking opportunities.

Originating with the launch of Match.com in 1995, Match Group has grown through a combination of organic development and strategic acquisitions.

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