Ferguson plc (FERG) To Go Ex-Dividend on May 15th

Ferguson plc (NYSE:FERGGet Free Report) declared a quarterly dividend on Friday, May 1st. Investors of record on Friday, May 15th will be given a dividend of 0.89 per share on Wednesday, July 8th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, May 15th.

Ferguson has raised its dividend by an average of 0.0%per year over the last three years. Ferguson has a payout ratio of 33.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Ferguson to earn $12.44 per share next year, which means the company should continue to be able to cover its $3.56 annual dividend with an expected future payout ratio of 28.6%.

Ferguson Price Performance

NYSE:FERG opened at $264.13 on Friday. Ferguson has a 1-year low of $166.04 and a 1-year high of $271.64. The company has a current ratio of 1.88, a quick ratio of 1.01 and a debt-to-equity ratio of 0.68. The firm has a fifty day simple moving average of $243.92 and a 200 day simple moving average of $243.79. The stock has a market capitalization of $51.34 billion, a PE ratio of 26.68, a P/E/G ratio of 1.99 and a beta of 1.23.

Ferguson (NYSE:FERGGet Free Report) last released its earnings results on Tuesday, February 24th. The company reported $1.99 earnings per share for the quarter, missing the consensus estimate of $2.24 by ($0.25). Ferguson had a net margin of 6.93% and a return on equity of 40.37%. During the same quarter in the prior year, the firm earned $1.52 earnings per share. Ferguson’s revenue for the quarter was up 3.6% on a year-over-year basis. On average, research analysts expect that Ferguson will post 11.2 EPS for the current fiscal year.

Ferguson Company Profile

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Ferguson (NYSE: FERG) is a multinational distributor specializing in plumbing and heating products and related building supplies, serving professional contractors, builders and industrial customers. The company supplies a broad range of products used in residential, commercial and infrastructure projects, including pipes and fittings, valves and controls, HVAC equipment, waterworks materials, plumbing fixtures, pumps and accessories, as well as complementary electrical and specialty product lines.

Ferguson operates a network of branches and distribution centers that provide inventory, logistics and value-added services to trade customers.

Further Reading

Dividend History for Ferguson (NYSE:FERG)

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