AECOM (NYSE:ACM) Announces Quarterly Dividend of $0.26

Key Points

• AECOM declared a quarterly dividend of $0.26 per share, payable on October 17th to investors of record on October 1st, representing an annualized yield of 0.8%.
• The company reported earnings of $1.34 per share in the last quarter, exceeding analyst expectations, and has a strong payout ratio of 18.4%, indicating sustainability of its dividend.
• Equities analysts have raised AECOM's price targets, with the consensus rating currently at "Buy" and an average price target of $128.44.

AECOM (NYSE:ACM - Get Free Report) announced a quarterly dividend on Wednesday, September 10th, RTT News reports. Shareholders of record on Wednesday, October 1st will be given a dividend of 0.26 per share by the construction company on Friday, October 17th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, October 1st.

AECOM has a payout ratio of 18.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect AECOM to earn $5.65 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 18.4%.

AECOM Stock Performance

NYSE ACM traded down $1.04 during midday trading on Friday, hitting $126.62. The company had a trading volume of 836,586 shares, compared to its average volume of 809,737. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.91. The stock has a market cap of $16.77 billion, a price-to-earnings ratio of 27.59, a P/E/G ratio of 1.89 and a beta of 0.99. The firm has a fifty day simple moving average of $119.03 and a two-hundred day simple moving average of $107.88. AECOM has a fifty-two week low of $85.00 and a fifty-two week high of $128.04.

AECOM (NYSE:ACM - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The construction company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.09. The company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $4.33 billion. AECOM had a net margin of 3.82% and a return on equity of 27.87%. The business's quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the business posted $1.16 EPS. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. Equities analysts forecast that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Company Profile

AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.