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

Key Points

• American Eagle Outfitters, Inc. declared a quarterly dividend of $0.13 per share, payable to shareholders on October 29th.
• The company's recent earnings report showed a significant beat with $0.45 earnings per share, surpassing estimates of $0.20, while revenue for the quarter was $1.28 billion.
• American Eagle has a dividend payout ratio of 38.2%, indicating that its dividends are well-supported by its earnings, with analysts projecting a future payout ratio of 27.8% based on expected earnings.

American Eagle Outfitters, Inc. (NYSE:AEO - Get Free Report) announced a quarterly dividend on Tuesday, September 16th, RTT News reports. Stockholders of record on Friday, October 10th will be paid a dividend of 0.125 per share by the apparel retailer on Wednesday, October 29th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, October 10th.

American Eagle Outfitters has a dividend payout ratio of 38.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect American Eagle Outfitters to earn $1.80 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 27.8%.

American Eagle Outfitters Trading Down 4.3%

AEO traded down $0.85 on Friday, reaching $18.87. 11,335,539 shares of the company's stock were exchanged, compared to its average volume of 17,952,220. American Eagle Outfitters has a twelve month low of $9.27 and a twelve month high of $22.63. The company's 50 day moving average is $13.68 and its 200-day moving average is $11.85. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.71 and a current ratio of 1.62. The company has a market cap of $3.20 billion, a price-to-earnings ratio of 18.14 and a beta of 1.45.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last announced its quarterly earnings results on Wednesday, September 3rd. The apparel retailer reported $0.45 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.25. American Eagle Outfitters had a net margin of 3.74% and a return on equity of 13.67%. The firm had revenue of $1.28 billion for the quarter, compared to analysts' expectations of $1.23 billion. During the same period in the previous year, the company posted $0.39 earnings per share. American Eagle Outfitters's revenue was down .6% compared to the same quarter last year. Equities analysts predict that American Eagle Outfitters will post 1.7 earnings per share for the current year.

About American Eagle Outfitters

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.