Huntington Ingalls Industries, Inc. (HII) To Go Ex-Dividend on May 29th

Huntington Ingalls Industries, Inc. (NYSE:HII) announced a quarterly dividend on Tuesday, April 28th. Stockholders of record on Friday, May 29th will be given a dividend of 1.38 per share by the aerospace company on Friday, June 12th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 29th.

Huntington Ingalls Industries has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 13 consecutive years. Huntington Ingalls Industries has a payout ratio of 33.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Huntington Ingalls Industries to earn $20.05 per share next year, which means the company should continue to be able to cover its $5.52 annual dividend with an expected future payout ratio of 27.5%.

Huntington Ingalls Industries Stock Down 0.1%

HII opened at $320.20 on Wednesday. Huntington Ingalls Industries has a one year low of $215.04 and a one year high of $460.00. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.11 and a current ratio of 1.19. The stock’s fifty day moving average is $369.77 and its 200-day moving average is $372.50. The company has a market capitalization of $12.62 billion, a PE ratio of 20.83, a P/E/G ratio of 1.36 and a beta of 0.29.

Huntington Ingalls Industries (NYSE:HII) last posted its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.79 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.09. Huntington Ingalls Industries had a return on equity of 12.05% and a net margin of 4.71%.The company had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.02 billion. During the same quarter in the previous year, the business earned $3.79 EPS. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. On average, equities analysts predict that Huntington Ingalls Industries will post 17.29 EPS for the current fiscal year.

About Huntington Ingalls Industries

Huntington Ingalls Industries (NYSE: HII) is America’s largest military shipbuilding company and a leading provider of professional services to the U.S. government. Headquartered in Newport News, Virginia, HII designs, constructs and maintains nuclear-powered aircraft carriers, submarines and other complex vessels for the U.S. Navy. The company’s products include nuclear aircraft carriers, Virginia-class and Columbia-class submarines, as well as amphibious assault ships, destroyers and cutters.

Established in 2011 as a spin-off from Northrop Grumman’s shipbuilding operations, HII traces its heritage to two historic builders: Newport News Shipbuilding, founded in the 19th century, and Ingalls Shipbuilding, founded in 1938.