Covered, compounding growth. A 1.40% yield on a 31.9% trailing payout is covered income with room to spare: $1.16 a quarter, raised in August 2026 from $1.10, marking a 27th consecutive year of dividend increases. Fiscal 2026 revenue of $2.48 billion, up 6.7%, and adjusted diluted EPS of $18.01, up 6.1%, back the raise — this is a growth payer, not a high yielder.
Key risk: Client budgets and AI disruption — FactSet sells into financial-services budgets, and AI-driven workflows could change how clients buy data and analytics.
Changes if: The trailing payout pushes well past 31.9%, or annual subscription value growth stalls.
- ✓Payout-coverage check: 31.9% trailing — the $4.64 indicated dividend leaves about two-thirds of trailing earnings retained.
- !Yield check: 1.40% indicated — $1.16/qtr × 4 at the $331.32 close on Oct. 23, 2026. Real, earned yield, but modest for a single stock — the income here compounds rather than pays large.
- ✓Dividend growth check: 27th consecutive year of increases; the latest raise, declared Aug. 13, 2026, lifted the quarterly dividend from $1.10 to $1.16, paid Sep. 17, 2026.
What this grade doesn't say: It screens the dividend only — covered, real, compounding. It says nothing about valuation or price: a well-covered payer can still be overpriced, and its price can still fall.