Jabil, Inc. (NYSE:JBL) to Issue $0.08 Quarterly Dividend

Key Points

• Jabil announced a $0.08 quarterly dividend (paid June 2 to shareholders of record May 15), equal to a $0.32 annualized payout and a yield of about 0.1%.
• The dividend is modestly covered—Jabil has a payout ratio of 3.1% today and analysts expect EPS of roughly $13.34 next year, implying a projected payout ratio near 2.4%.
• Jabil recently beat earnings and revenue estimates (EPS $2.69 vs. $2.51; revenue $8.28B vs. $7.75B, +23.1% YoY); the stock trades around $338 with a P/E of ~45.4 and a market cap near $35.7B.

Jabil, Inc. (NYSE:JBL - Get Free Report) announced a quarterly dividend on Thursday, April 23rd. Stockholders of record on Friday, May 15th will be paid a dividend of 0.08 per share by the technology company on Tuesday, June 2nd. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Friday, May 15th.

Jabil has a payout ratio of 3.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Jabil to earn $13.34 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 2.4%.

Jabil Price Performance

Shares of JBL opened at $338.36 on Friday. The business has a 50-day moving average of $274.09 and a 200-day moving average of $240.85. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.01 and a quick ratio of 0.68. The company has a market capitalization of $35.70 billion, a price-to-earnings ratio of 45.42, a price-to-earnings-growth ratio of 1.75 and a beta of 1.16. Jabil has a 1 year low of $139.16 and a 1 year high of $344.50.

Jabil (NYSE:JBL - Get Free Report) last announced its earnings results on Wednesday, March 18th. The technology company reported $2.69 EPS for the quarter, beating the consensus estimate of $2.51 by $0.18. Jabil had a return on equity of 80.96% and a net margin of 2.48%.The business had revenue of $8.28 billion for the quarter, compared to analysts' expectations of $7.75 billion. During the same period in the prior year, the business posted $1.94 earnings per share. The firm's revenue was up 23.1% on a year-over-year basis. As a group, equities research analysts anticipate that Jabil will post 11.3 earnings per share for the current year.

Jabil Company Profile

Jabil Inc NYSE: JBL is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil's expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.

Founded in 1966 by William E.

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