American Eagle Outfitters, Inc. Declares Quarterly Dividend of $0.13 (NYSE:AEO)

American Eagle Outfitters, Inc. (NYSE:AEO) declared a quarterly dividend on Wednesday, December 3rd. Stockholders of record on Friday, January 9th will be given a dividend of 0.125 per share by the apparel retailer on Friday, January 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, January 9th.

American Eagle Outfitters has decreased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. American Eagle Outfitters has a dividend payout ratio of 38.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect American Eagle Outfitters to earn $1.80 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 27.8%.

American Eagle Outfitters Price Performance

Shares of AEO stock opened at $23.97 on Thursday. The business has a fifty day simple moving average of $17.27 and a 200 day simple moving average of $14.07. The company has a market cap of $4.06 billion, a P/E ratio of 23.05 and a beta of 1.44. The company has a quick ratio of 0.71, a current ratio of 1.62 and a debt-to-equity ratio of 0.13. American Eagle Outfitters has a twelve month low of $9.27 and a twelve month high of $24.41.

American Eagle Outfitters (NYSE:AEO) last issued its earnings results on Tuesday, December 2nd. The apparel retailer reported $0.53 EPS for the quarter, topping the consensus estimate of $0.43 by $0.10. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.32 billion. American Eagle Outfitters had a return on equity of 13.67% and a net margin of 3.74%.The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.48 earnings per share. On average, sell-side analysts forecast that American Eagle Outfitters will post 1.7 EPS for the current fiscal year.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.