Arcosa, Inc. Announces Quarterly Dividend of $0.05 (NYSE:ACA)

Arcosa, Inc. (NYSE:ACA) declared a quarterly dividend on Wednesday, May 14th, RTT News reports. Stockholders of record on Tuesday, July 15th will be given a dividend of 0.05 per share on Thursday, July 31st. This represents a $0.20 annualized dividend and a dividend yield of 0.23%.

Arcosa has a dividend payout ratio of 4.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Arcosa to earn $4.56 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 4.4%.

Arcosa Trading Down 1.9%

Shares of ACA stock opened at $88.74 on Thursday. Arcosa has a 12-month low of $68.11 and a 12-month high of $113.43. The company has a current ratio of 3.61, a quick ratio of 2.77 and a debt-to-equity ratio of 0.51. The firm’s 50 day moving average is $79.95 and its 200 day moving average is $92.86. The stock has a market capitalization of $4.33 billion, a P/E ratio of 33.74 and a beta of 1.00.

Arcosa (NYSE:ACA) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.20. The firm had revenue of $632.00 million for the quarter, compared to analysts’ expectations of $613.95 million. Arcosa had a return on equity of 6.64% and a net margin of 5.17%. The company’s revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.73 EPS. Research analysts expect that Arcosa will post 3.23 earnings per share for the current year.

Arcosa Company Profile

Arcosa, Inc, together with its subsidiaries, provides infrastructure-related products and solutions for the construction, engineered structures, and transportation markets in the United States. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products.