Broadridge Stock Closes Late German Session at 173.55 Euros
Broadridge Financial Solutions traded at 173.55 euros in late trading following shareholder votes and a dividend declaration.
Shares of Broadridge Financial Solutions, Inc. reached 173.55 euros during a late-night session on the Lang & Schwarz exchange at 11:00 p.m. CET on Wednesday, November 11, 2026. The quote offers the most recent trading benchmark for the United States-based financial technology provider, which handles investor communications, proxy distribution, and transaction processing.
The trading activity followed the company's 2026 Annual Meeting on November 10, 2026. SEC filings show stockholders approved every management item. All 10 nominated directors secured one-year terms, though nominee Maura A. Markus received 5,212,253 opposing votes, the highest total against any director. The advisory say-on-pay measure for executive compensation passed with 81,209,975 votes in favor and 7,553,149 votes against, while Deloitte & Touche LLP won ratification as the independent auditor for fiscal 2027 with 97,035,547 votes in favor.
On the same day, Broadridge announced a regular quarterly dividend of $1.09 per share. The distribution is scheduled for payment on January 11, 2027, to investors on record as of December 10. The company reiterated its fiscal 2027 adjusted earnings per share target of 8% to 12% expansion, supported by strategic initiatives in tokenization and artificial intelligence. GuruFocus observed that the firm carries a dividend yield of 2.24% and a payout ratio of 44% against trailing twelve months earnings per share of $9.05, while ChartMill separately reported a payout ratio of 42.85% and a yield of 1.71%.
Earlier in the month, Broadridge released results for its fiscal 2027 first quarter. Total revenue advanced 5% to $1.7 billion, while constant-currency recurring revenue climbed 11%. Adjusted earnings per share rose 3% to $1.56. Chief Financial Officer Ashima Ghei noted that the adjusted operating margin dropped 200 basis points to 13.8% because of lower event-driven business and higher spending on platforms, AI, and tokenization. During the period, Broadridge deployed $200 million for share repurchases and distributed $111 million in dividends.