American Eagle Outfitters, Inc. (NYSE:AEO) Announces Quarterly Dividend of $0.13

American Eagle Outfitters, Inc. (NYSE:AEO) announced a quarterly dividend on Tuesday, June 9th. Investors of record on Friday, July 10th will be given a dividend of 0.125 per share by the apparel retailer on Friday, July 24th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, July 10th.

American Eagle Outfitters has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. American Eagle Outfitters has a dividend payout ratio of 38.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect American Eagle Outfitters to earn $1.90 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 26.3%.

American Eagle Outfitters Stock Performance

American Eagle Outfitters stock opened at $17.58 on Wednesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.55 and a quick ratio of 0.53. American Eagle Outfitters has a 1-year low of $9.27 and a 1-year high of $28.46. The firm has a market capitalization of $2.95 billion, a P/E ratio of 10.85, a price-to-earnings-growth ratio of 3.78 and a beta of 1.33. The company’s 50-day moving average is $17.14 and its 200 day moving average is $21.06.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Thursday, May 28th. The apparel retailer reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. American Eagle Outfitters had a net margin of 5.01% and a return on equity of 20.95%. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same period in the prior year, the company posted ($0.29) EPS. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. Research analysts forecast that American Eagle Outfitters will post 1.76 EPS for the current year.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc (NYSE: AEO) is a leading American specialty retailer offering apparel, accessories and personal care products for men and women. The company’s flagship brand, American Eagle, focuses on casualwear including denim, tops, outerwear and accessories targeted primarily at teens and young adults. In addition to its core apparel lines, the company operates the Aerie brand of intimates, loungewear and swimwear, which has gained recognition for its body-positive marketing and inclusive sizing.

American Eagle Outfitters conducts business through a combination of over 900 brick-and-mortar stores in North America and Greater China, complemented by a growing e-commerce platform that serves customers around the globe.