Dividend And Shareholder ValueBroadridge raised the dividend by 11%, demonstrating good visibility in the business and a commitment to maximizing shareholder value.
Earnings PerformanceBroadridge's 1Q results beat Street estimates across the board, driven by higher event-driven revenue, recent M&A, and ongoing buyback activity, resulting in a solid quarter.
Recurring Revenue GrowthBroadridge is tracking toward the high-end of the +5-7% y/y recurring revenue range for the year, indicating healthy growth prospects.