Polaris Inc. to Issue Quarterly Dividend of $0.68 (NYSE:PII)

Key Points

• Polaris declared a quarterly dividend of $0.68 per share, payable June 15 to shareholders of record June 1, implying an annual yield of about 4.4%.
• Despite 30 consecutive years of annual dividend increases, Polaris currently shows a payout ratio of 1,088.0%, meaning the dividend is being funded from the balance sheet for now; analysts forecast $3.25 EPS next year which would lower the payout to roughly 83.7%.
• In the most recent quarter Polaris reported $0.13 EPS (beating estimates) with revenue up 8% to $1.66 billion and set FY2026 guidance of $1.60–$1.70 EPS, while the stock traded around $62.51 and has a negative trailing P/E.

Polaris Inc. (NYSE:PII - Get Free Report) declared a quarterly dividend on Monday, May 4th. Investors of record on Monday, June 1st will be paid a dividend of 0.68 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Monday, June 1st.

Polaris has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 30 consecutive years. Polaris has a payout ratio of 1,088.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Polaris to earn $3.25 per share next year, which means the company should continue to be able to cover its $2.72 annual dividend with an expected future payout ratio of 83.7%.

Polaris Trading Down 5.9%

Shares of PII stock opened at $62.51 on Tuesday. The stock has a 50-day simple moving average of $56.85 and a 200 day simple moving average of $63.41. Polaris has a fifty-two week low of $33.00 and a fifty-two week high of $75.25. The stock has a market capitalization of $3.56 billion, a P/E ratio of -7.97 and a beta of 1.25. The company has a quick ratio of 0.48, a current ratio of 1.21 and a debt-to-equity ratio of 2.72.

Polaris (NYSE:PII - Get Free Report) last announced its earnings results on Monday, April 27th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of ($0.43) by $0.56. Polaris had a positive return on equity of 5.91% and a negative net margin of 6.13%.The business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the prior year, the business posted ($0.90) earnings per share. Polaris's revenue was up 8.0% compared to the same quarter last year. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. On average, sell-side analysts expect that Polaris will post 1.7 earnings per share for the current fiscal year.

Polaris Company Profile

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company's legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.

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