Atkore Inc. Announces Quarterly Dividend of $0.33 (NYSE:ATKR)

Key Points

• Atkore declared a $0.33 quarterly dividend payable May 29 to shareholders of record on May 19, implying a $1.32 annual payout and a 1.7% yield.
• The dividend appears well-covered, with a payout ratio of 20.4% and analysts expecting about $5.40 EPS next year (an expected future payout ratio near 24.4%), indicating the company should be able to sustain the payment.
• Recent results: Atkore beat Q results with $0.83 EPS vs. $0.64 expected and $655.6M revenue; the stock trades around $77 (52-week range $53.49–$80.06) with a ~$2.61B market cap and FY2026 guidance of $5.05–$5.55 EPS.

Atkore Inc. (NYSE:ATKR - Get Free Report) announced a quarterly dividend on Thursday, April 30th. Stockholders of record on Tuesday, May 19th will be paid a dividend of 0.33 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 19th.

Atkore has a dividend payout ratio of 20.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Atkore to earn $5.40 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 24.4%.

Atkore Stock Down 1.2%

NYSE:ATKR opened at $77.23 on Friday. Atkore has a 52-week low of $53.49 and a 52-week high of $80.06. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.40 and a current ratio of 3.42. The stock has a 50-day simple moving average of $64.39 and a 200 day simple moving average of $65.88. The company has a market cap of $2.61 billion, a PE ratio of -55.95 and a beta of 1.54.

Atkore (NYSE:ATKR - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.19. The company had revenue of $655.55 million for the quarter, compared to the consensus estimate of $650.09 million. Atkore had a negative net margin of 1.63% and a positive return on equity of 11.27%. The firm's revenue was down .9% compared to the same quarter last year. During the same period last year, the company earned $1.63 earnings per share. Atkore has set its FY 2026 guidance at 5.050-5.550 EPS. On average, sell-side analysts expect that Atkore will post 4.71 EPS for the current fiscal year.

About Atkore

Atkore International Group Inc NYSE: ATKR is a diversified global manufacturer of electrical raceway and mechanical products, serving a broad range of end markets including commercial construction, industrial facilities and energy infrastructure. The company's electrical product portfolio encompasses conduit, tubing, fittings, connectors and cable management systems designed for use in residential, commercial and industrial wiring applications. On the mechanical side, Atkore offers pipe support solutions, seismic bracing, HVAC hangers and other mechanical products that address critical building and process piping needs.

Founded as a family-owned business before its reorganization into a standalone public company in 2016, Atkore has grown through both organic investment and targeted acquisitions.

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