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

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) declared a quarterly dividend on Tuesday, September 16th, RTT News reports. Shareholders of record on Friday, October 10th will be given 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 yield of 2.7%. The ex-dividend date of this dividend is Friday, October 10th.

American Eagle Outfitters has a payout ratio of 38.2% indicating that its dividend is sufficiently covered by earnings. Equities 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 Price Performance

Shares of AEO stock traded down $0.96 during midday trading on Friday, reaching $18.77. 4,121,633 shares of the company were exchanged, compared to its average volume of 9,557,268. American Eagle Outfitters has a 12 month low of $9.27 and a 12 month high of $22.63. The company has a market cap of $3.18 billion, a P/E ratio of 18.12 and a beta of 1.45. The company's 50 day moving average price is $13.50 and its two-hundred day moving average price is $11.81. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.71 and a current ratio of 1.62.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last released its quarterly earnings results on Wednesday, September 3rd. The apparel retailer reported $0.45 EPS for the quarter, topping 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 company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the previous year, the firm earned $0.39 EPS. American Eagle Outfitters's revenue was down .6% on a year-over-year basis. On average, sell-side analysts expect that American Eagle Outfitters will post 1.7 earnings per share for the current year.

American Eagle Outfitters Company Profile

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.