KBR, Inc. (KBR) To Go Ex-Dividend on September 15th

KBR, Inc. (NYSE:KBRGet Free Report) announced a quarterly dividend on Wednesday, August 19th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.165 per share by the construction company on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, September 15th.

KBR has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 6 years. KBR has a payout ratio of 15.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect KBR to earn $4.14 per share next year, which means the company should continue to be able to cover its $0.66 annual dividend with an expected future payout ratio of 15.9%.

KBR Trading Up 0.1%

Shares of NYSE KBR opened at $37.99 on Friday. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.15 and a current ratio of 1.15. KBR has a 52-week low of $29.94 and a 52-week high of $52.23. The firm has a 50 day moving average price of $35.87 and a two-hundred day moving average price of $36.77. The stock has a market cap of $4.79 billion, a P/E ratio of 11.44, a price-to-earnings-growth ratio of 2.06 and a beta of 0.44.

KBR (NYSE:KBRGet Free Report) last issued its quarterly earnings results on Thursday, July 30th. The construction company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.09. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. KBR had a net margin of 5.49% and a return on equity of 32.55%. KBR’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.91 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, equities analysts forecast that KBR will post 4 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in KBR. Farther Finance Advisors LLC grew its stake in KBR by 89.8% during the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock worth $25,000 after purchasing an additional 289 shares during the period. Allworth Financial LP acquired a new position in KBR in the second quarter valued at approximately $27,000. EverSource Wealth Advisors LLC boosted its holdings in shares of KBR by 432.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock worth $29,000 after buying an additional 493 shares in the last quarter. Anchor Investment Management LLC grew its position in shares of KBR by 27.5% during the 1st quarter. Anchor Investment Management LLC now owns 1,275 shares of the construction company’s stock worth $47,000 after buying an additional 275 shares during the period. Finally, Caitong International Asset Management Co. Ltd grew its position in shares of KBR by 101,600.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company’s stock worth $48,000 after buying an additional 1,016 shares during the period. 97.02% of the stock is owned by institutional investors and hedge funds.

About KBR

(Get Free Report)

KBR, Inc is a global engineering, procurement, construction and services (EPC&S) company headquartered in Houston, Texas. The firm delivers integrated solutions and technologies across the full project lifecycle for customers in the energy, government, industrial and infrastructure sectors. Its offerings span feasibility studies, front-end engineering design, detailed design, procurement, fabrication, construction, commissioning and operations support.

The company is organized into business segments that include Energy Solutions, which focuses on oil and gas processing, liquefied natural gas (LNG) facilities and petrochemical plants; Government Solutions, providing logistics, sustainment, training and mission support for defense, intelligence and civilian agencies; and Sustainable Technology, delivering chemical process technologies, water treatment and lower-carbon fuels expertise.

Further Reading

Dividend History for KBR (NYSE:KBR)

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