VSE Corporation (VSEC) To Go Ex-Dividend on October 15th

VSE Corporation (NASDAQ:VSEC) declared a quarterly dividend on Tuesday, July 29th, RTT News reports. Investors of record on Wednesday, October 15th will be paid a dividend of 0.10 per share by the construction company on Wednesday, October 29th. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Wednesday, October 15th.

VSE has a dividend payout ratio of 8.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect VSE to earn $4.55 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 8.8%.

VSE Stock Performance

Shares of VSEC opened at $154.96 on Monday. The stock has a 50 day moving average price of $163.28 and a 200 day moving average price of $139.20. VSE has a 52-week low of $85.37 and a 52-week high of $174.55. The company has a quick ratio of 1.44, a current ratio of 3.73 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $3.20 billion, a price-to-earnings ratio of 138.36 and a beta of 1.40.

VSE (NASDAQ:VSEC) last released its quarterly earnings data on Wednesday, July 30th. The construction company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.28. VSE had a net margin of 1.94% and a return on equity of 7.25%. The company had revenue of $272.14 million during the quarter, compared to the consensus estimate of $267.39 million. During the same quarter in the prior year, the firm posted $0.47 earnings per share. VSE’s revenue for the quarter was up 41.1% on a year-over-year basis. VSE has set its FY 2025 guidance at EPS. Research analysts predict that VSE will post 2.96 EPS for the current fiscal year.

VSE Company Profile

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through two segments, Aviation and Fleet. The Aviation segment provides aftermarket parts supply and distribution; maintenance, repair, and overhaul services for components and engine accessories supporting commercial, business, and general aviation operators.