Quarterly Dividend of $0.14 Declared by AZZ (AZZ)
AZZ (NYSE:AZZ) declared a quarterly dividend on Friday, January 18th. Shareholders of record on Friday, February 1st will be given a dividend of $0.14 per share on Friday, February 15th. This represents a $0.56 dividend on an annualized basis and a yield of 1.36%.
Shares of AZZ (AZZ) opened at 41.32 on Friday. AZZ (AZZ) has a 52 week low of $23.29 and a 52 week high of $41.70. The stock’s 50-day moving average is currently $37.92. The company has a market cap of $1.049 billion and a P/E ratio of 17.93.
AZZ last released its earnings data on Wednesday, January 9th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.03. The company had revenue of $149.70 million for the quarter, compared to the consensus estimate of $152.92 million. During the same quarter in 2012, the company posted $0.40 earnings per share. The company’s quarterly revenue was up 28.5% on a year-over-year basis. AZZ has set its FY13 guidance at $2.35-2.45 EPS. Analysts expect that AZZ (AZZ) will post $2.31 EPS for the current fiscal year.
AZZ incorporated (AZZ) is an electrical equipment and components manufacturer, serving the worldwide markets of power generation, transmission and distribution, and the general industrial markets, and a provider of hot dip galvanizing services to the steel fabrication market nationwide and in Canada.
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