Quanta Services, Inc. (PWR) to Issue Quarterly Dividend of $0.11 on April 10th

Quanta Services, Inc. (NYSE:PWR) declared a quarterly dividend on Friday, March 20th. Stockholders of record on Thursday, April 2nd will be paid a dividend of 0.11 per share by the construction company on Friday, April 10th. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, April 2nd.

Quanta Services has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 6 years. Quanta Services has a dividend payout ratio of 3.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Quanta Services to earn $10.38 per share next year, which means the company should continue to be able to cover its $0.44 annual dividend with an expected future payout ratio of 4.2%.

Quanta Services Stock Down 3.8%

Quanta Services stock opened at $555.73 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.09 and a current ratio of 1.14. Quanta Services has a one year low of $227.08 and a one year high of $583.73. The company has a 50-day simple moving average of $518.34 and a 200-day simple moving average of $459.56. The firm has a market capitalization of $83.15 billion, a P/E ratio of 81.72, a P/E/G ratio of 2.52 and a beta of 1.10.

Quanta Services (NYSE:PWR) last issued its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $3.02 by $0.14. The firm had revenue of $7.84 billion for the quarter, compared to the consensus estimate of $7.38 billion. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. Quanta Services’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same period last year, the firm posted $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. As a group, equities analysts expect that Quanta Services will post 9.34 earnings per share for the current year.

Quanta Services Company Profile

Quanta Services, Inc is a leading specialty contractor that provides comprehensive infrastructure solutions for the electric power, pipeline and energy, and communications markets. Headquartered in Houston, Texas, the company delivers engineering, procurement, construction, installation, maintenance and repair services that support the development, modernization and ongoing operation of critical energy and communications networks.

In the electric power sector, Quanta works on transmission and distribution systems, substation construction and grid modernization projects that include integration of renewable generation and energy storage.