Ryan acquires Thomson Reuters property tax services business Ryan announced that the Firm has acquired Thomson Reuters Property Tax Services business. The acquisition will add an estimated 600 property tax and unclaimed property professionals.
Thomson Reuters increases annual dividend to $1.36 The Thomson Reuters board approved a 2c per share annualized increase in the dividend to $1.36 per common share. A quarterly dividend of 34c per share is payable on March 15, 2016 to common shareholders of record as of February 23, 2016.
Thomson Reuters sees FY16 revenue growth in low single digits, consensus $12.49B Sees FY16 adjusted EBITDA margin to range between 27.3%-28.3%. Sees FY16 underlying profit margin to range between 18.4%-19.4%. Sees FY16 free cash flow $1.7B-$1.9B.