Welcome to our dedicated page for S&P Global news (Ticker: SPGI), a resource for investors and traders seeking the latest updates and insights on S&P Global stock.
S&P Global Inc. (NYSE: SPGI) is a finance and insurance sector company that describes its mission as providing essential intelligence through credit ratings, benchmarks, analytics and workflow solutions. The SPGI news stream highlights how the company’s data and insights intersect with capital markets, commodities, energy transition, artificial intelligence and the automotive sector.
News about S&P Global often covers corporate actions and capital allocation, such as Board-approved dividend increases and the company’s long history of annual dividend payments. Updates can also include announcements about planned or completed transactions, such as the sale of specific businesses or the expected separation of the S&P Global Mobility division into an independent public company.
Another key theme in SPGI news is research and market studies. For example, S&P Global has released a detailed study on copper in the age of AI, examining how electrification, digitalization, data centers and defense spending could affect copper supply and demand through 2040. These reports draw on proprietary data and cross-divisional expertise from areas such as S&P Global Energy and Market Intelligence.
News items also highlight regulatory and governance developments, including settlements involving S&P Global Ratings and the appointment of new directors to the company’s Board. In addition, readers will find coverage of philanthropic and workforce initiatives like the StepForward program, which focuses on AI-enabled workforce readiness for youth, and updates from CARFAX, part of S&P Global Mobility, on topics such as odometer fraud trends.
Investors, analysts and other stakeholders can use the SPGI news page to follow how S&P Global’s ratings, indices, research, financing activities and governance decisions evolve over time and how the company positions itself around themes such as AI, energy transition and global capital markets.
S&P Global (NYSE: SPGI) will release its fourth quarter and full-year 2021 results on February 8, 2022, at 7:15 a.m. Eastern Time. A conference call with executives, including CEO Douglas L. Peterson and CFO Ewout Steenbergen, will follow at 8:30 a.m. ET. Access will be available via phone or webcast, with a replay offered for one year. S&P Global continues to be a leading provider of credit ratings and analytics in capital markets, celebrating over 160 years in delivering essential intelligence. More information can be found at www.spglobal.com.
S&P Global (NYSE: SPGI) announced an extension of the expiration date for its Exchange Offers and Consent Solicitations regarding outstanding IHS Markit Notes (NYSE: INFO). The expiration date is moved from February 1, 2022, to February 22, 2022. As of January 26, 2022, substantial portions of various series of notes have been tendered, reflecting investor interest. The amendments will become operative upon settlement of the Exchange Offers, which are contingent on the closing of the pending merger between S&P Global and IHS Markit, expected in Q1 2022.
The Board of Directors of S&P Global (NYSE: SPGI) has announced a cash dividend of $0.77 for the first quarter of 2022, payable on March 10, 2022, to shareholders recorded by February 10, 2022. This results in an annualized dividend rate of $3.08 per share. In connection with its merger with IHS Markit (NYSE: INFO), S&P Global will not increase its dividend until the merger concludes, expected in Q1 2022, after which the Board will review the dividend policy for the combined entity.
On January 20, 2022, S&P Global Platts released its Top Energy Transition Trends for 2022, forecasting a 2.5% rise in global CO2 emissions despite heightened climate efforts. Key highlights include record EV sales projected to exceed 9 million and strong renewable power prices boosting installation growth. However, challenges such as rising input costs and political uncertainties could hinder progress. The gap between hydrogen production ambitions and actual delivery will be scrutinized, with several technology milestones expected to shape the energy transition.
S&P Dow Jones Indices and Experian report that the S&P/Experian Consumer Credit Default Indices indicate an uptick in consumer credit defaults as of December 2021. The composite default rate rose three basis points to 0.40%, with notable increases in various loan types. The bank card default rate rose to 1.95%, auto loan defaults increased to 0.49%, and first mortgage defaults reached 0.28%. Miami saw the most significant rise among major metropolitan areas, increasing by 24 basis points to 0.97%.
S&P Dow Jones Indices reported a net increase in U.S. domestic common stock dividends of $18.0 billion in Q4 2021, down from $20.9 billion in Q3 2021 but significantly higher than $9.5 billion in Q4 2020. For 2021, the total net dividends rose to $69.8 billion, rebounding from a net decline in 2020. Q4 2021 marked a record dividend payment of $15.78 per share for S&P 500 companies. Overall, dividends paid reached $511.2 billion in 2021, a notable increase from $483.2 billion in 2020. Potential risks include discussions in Washington regarding changes to dividend tax treatments.
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