Ball Corporation (NYSE:BALL) Announces Quarterly Dividend of $0.20

Key Points

• Ball declared a quarterly dividend of $0.20 per share, payable December 15 to shareholders of record December 1. The annualized dividend is $0.80 per share, representing a 1.2% yield.
• The dividend appears well covered, with a current payout ratio of 20.1%; analysts expect next year’s earnings to support an estimated payout ratio of 17.6%.
• Ball’s latest quarter exceeded expectations, reporting $1.03 in EPS versus the $0.99 consensus estimate and $4.0 billion in revenue, up 19.7% year over year.

Ball Corporation (NYSE:BALL - Get Free Report) declared a quarterly dividend on Tuesday, October 27th. Investors of record on Tuesday, December 1st will be paid a dividend of $0.20 per share on Tuesday, December 15th. This represents a $0.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, December 1st.

Ball has raised its dividend payment by an average of 0.1% annually over the last three years. Ball has a payout ratio of 20.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Ball to earn $4.54 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 17.6%.

Ball Price Performance

NYSE:BALL opened at $64.13 on Wednesday. The firm has a market capitalization of $16.97 billion, a P/E ratio of 18.17 and a beta of 0.96. Ball has a one year low of $44.83 and a one year high of $68.29. The company's 50-day simple moving average is $61.00 and its 200 day simple moving average is $60.71.

Ball (NYSE:BALL - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.04. The business had revenue of $4 billion for the quarter, compared to analysts' expectations of $3.69 billion. During the same quarter in the previous year, the business posted $0.90 earnings per share. Ball's revenue for the quarter was up 19.7% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. On average, equities research analysts expect that Ball will post 4.01 earnings per share for the current fiscal year.

Ball Company Profile

Ball Corporation is a global supplier of sustainable aluminum packaging. The company primarily manufactures aluminum beverage cans, bottles and cups used by beer, soft-drink, energy-drink and other beverage companies. Its products are designed to support brand presentation, product protection and recycling throughout the packaging lifecycle.

Ball serves customers across North and South America, Europe and other international markets through a network of manufacturing facilities. The company also develops and markets aluminum packaging products for additional consumer and household applications, including its reusable and recyclable Ball Aluminum Cup.

Founded in 1880 as a manufacturer of glass containers, Ball evolved into a major producer of metal packaging and became particularly known for its aluminum beverage cans.

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