Broadridge Reports Strong Q4, Raises Dividend 12%, Authorizes $1.5B Buyback, and Issues Upbeat FY2027 Guidance

summarizeSummary

Broadridge posted strong Q4 and full-year fiscal 2026 results, raised its dividend by 12%, authorized a new $1.5 billion share repurchase program, and provided upbeat FY2027 guidance.

check_boxKey Events · Earnings and Guidance · BR

• Q4 & FY2026 Earnings Beat

  Q4 net income rose 6% to $398M ($3.44/share) on revenue of $2.22B (+7% YoY). Full-year net income jumped 34% to $1.124B ($9.60/share), with Adjusted EPS up 12% to $9.60.

• Dividend Increased 12%

  Board declared a quarterly dividend of $1.09 per share, raising the annual dividend to $4.36 — the 20th consecutive annual increase since going public.

• $1.5B Share Buyback Authorized

  New repurchase program replaces the remaining 3.5M shares under the prior authorization. Broadridge repurchased a record $600M in shares during FY2026.

• FY2027 Guidance Issued

  Management expects 6-8% recurring revenue growth constant currency, 8-12% Adjusted EPS growth, ~21% Adjusted Operating margin, and 100%+ free cash flow conversion.

auto_awesomeAnalysis · BR · Trade & Services

Broadridge delivered a solid fiscal 2026, with 8% recurring revenue growth and 12% Adjusted EPS growth, while returning over $1 billion to shareholders. The 12% dividend hike and new $1.5 billion buyback authorization underscore management's confidence in sustained cash generation. FY2027 guidance calls for continued mid-to-high single-digit growth and margin expansion, even as the company invests in tokenization and AI. The results and capital return program are likely to be well received, though the stock's reaction will depend on how the outlook compares to consensus expectations.