Citrix Systems, Inc. (NASDAQ:CTXS) declared a quarterly dividend on Thursday, April 29th, Zacks reports. Shareholders of record on Friday, June 11th will be paid a dividend of 0.37 per share by the cloud computing company on Friday, June 25th. This represents a $1.48 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Thursday, June 10th.

Citrix Systems has a dividend payout ratio of 25.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Citrix Systems to earn $4.24 per share next year, which means the company should continue to be able to cover its $1.48 annual dividend with an expected future payout ratio of 34.9%.

Shares of CTXS stock opened at $123.85 on Friday. The stock’s fifty day moving average is $138.22 and its two-hundred day moving average is $131.43. The company has a debt-to-equity ratio of 25.18, a quick ratio of 0.90 and a current ratio of 0.91. The firm has a market capitalization of $15.38 billion, a P/E ratio…

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