Booz Allen Hamilton Holding Corporation (NYSE:BAH) Plans Quarterly Dividend of $0.59

Key Points

• Booz Allen Hamilton declared a quarterly dividend of $0.59 per share, payable August 28 to shareholders of record as of August 14. The dividend implies an annualized yield of approximately 3.0% and marks the company’s 14th consecutive year of dividend increases.
• The dividend appears well covered, with a current payout ratio of 31.7%; analysts expect earnings of $6.72 per share next year versus an annual dividend of $2.36.
• BAH shares fell 1.3% to $77.58 in Wednesday trading. In its latest quarter, the company reported adjusted EPS of $1.81, beating estimates of $1.49, while revenue declined 4.2% year over year.

Booz Allen Hamilton Holding Corporation (NYSE:BAH - Get Free Report) announced a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Friday, August 14th will be given a dividend of 0.59 per share by the business services provider on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, August 14th.

Booz Allen Hamilton has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 14 years. Booz Allen Hamilton has a dividend payout ratio of 31.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Booz Allen Hamilton to earn $6.72 per share next year, which means the company should continue to be able to cover its $2.36 annual dividend with an expected future payout ratio of 35.1%.

Booz Allen Hamilton Trading Down 1.3%

Shares of BAH traded down $0.99 during trading hours on Wednesday, reaching $77.58. 68,720 shares of the company traded hands, compared to its average volume of 2,186,205. The stock's fifty day moving average price is $68.91 and its 200 day moving average price is $76.34. The company has a current ratio of 1.60, a quick ratio of 1.59 and a debt-to-equity ratio of 3.26. The firm has a market cap of $9.33 billion, a price-to-earnings ratio of 12.17, a PEG ratio of 4.04 and a beta of 0.34. Booz Allen Hamilton has a 12-month low of $59.50 and a 12-month high of $112.22.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The business services provider reported $1.81 EPS for the quarter, topping the consensus estimate of $1.49 by $0.32. The company had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $2.81 billion. Booz Allen Hamilton had a net margin of 7.01% and a return on equity of 76.71%. The firm's revenue was down 4.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.48 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. Sell-side analysts forecast that Booz Allen Hamilton will post 6.3 earnings per share for the current year.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.

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