Park-Ohio Holdings Corp. (PKOH) To Go Ex-Dividend on July 31st

Park-Ohio Holdings Corp. (NASDAQ:PKOHGet Free Report) announced a quarterly dividend on Friday, July 17th. Shareholders of record on Friday, July 31st will be given a dividend of 0.125 per share by the industrial products company on Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, July 31st.

Park-Ohio has increased its dividend payment by an average of 0.1%per year over the last three years. Park-Ohio has a dividend payout ratio of 14.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Park-Ohio to earn $3.57 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 14.0%.

Park-Ohio Stock Performance

Shares of PKOH opened at $39.15 on Wednesday. The stock has a 50-day simple moving average of $35.46 and a 200-day simple moving average of $29.20. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.23 and a current ratio of 2.40. The stock has a market capitalization of $563.68 million, a PE ratio of 23.30, a PEG ratio of 1.05 and a beta of 1.18. Park-Ohio has a 1 year low of $15.52 and a 1 year high of $39.72.

Park-Ohio (NASDAQ:PKOHGet Free Report) last released its earnings results on Wednesday, May 6th. The industrial products company reported $0.65 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.65. The firm had revenue of $421.00 million for the quarter, compared to analyst estimates of $413.90 million. Park-Ohio had a net margin of 1.46% and a return on equity of 9.93%. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS. On average, analysts predict that Park-Ohio will post 3.1 earnings per share for the current fiscal year.

Park-Ohio Company Profile

(Get Free Report)

Park-Ohio Holdings Corp is a diversified industrial company that supplies engineered products and distribution services to a broad array of end markets. Through its two primary operating segments—Engineered Solutions and Supply Chain Solutions—the company delivers metal components, assemblies and value-added distribution tailored to energy, transportation, industrial and commercial applications.

The Engineered Solutions segment provides design, machining, fabrication and assembly of custom metal parts, including heat exchangers, welded assemblies, tubing products and precision-machined components.

See Also

Dividend History for Park-Ohio (NASDAQ:PKOH)

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