Aramark (NYSE:ARMK) Plans Quarterly Dividend of $0.12

Aramark (NYSE:ARMK) announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Wednesday, August 19th will be paid a dividend of 0.12 per share on Wednesday, September 9th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Wednesday, August 19th.

Aramark has decreased its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. Aramark has a payout ratio of 21.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Aramark to earn $2.65 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 18.1%.

Aramark Stock Up 1.1%

Shares of ARMK opened at $56.84 on Thursday. The company’s 50-day simple moving average is $55.56 and its 200-day simple moving average is $47.26. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.07 and a current ratio of 1.21. Aramark has a 1 year low of $35.07 and a 1 year high of $58.68. The stock has a market capitalization of $14.95 billion, a PE ratio of 42.42, a P/E/G ratio of 1.07 and a beta of 1.12.

Aramark (NYSE:ARMK) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $4.91 billion during the quarter, compared to analysts’ expectations of $4.75 billion. Aramark had a net margin of 1.84% and a return on equity of 17.05%. The business’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.35 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Analysts forecast that Aramark will post 2.24 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Aramark

A number of institutional investors and hedge funds have recently modified their holdings of ARMK. Elevation Wealth Partners LLC raised its stake in Aramark by 2,842.9% in the second quarter. Elevation Wealth Partners LLC now owns 618 shares of the company’s stock valued at $35,000 after buying an additional 597 shares in the last quarter. Activest Wealth Management acquired a new position in shares of Aramark during the 4th quarter worth about $27,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Aramark in the 3rd quarter valued at about $28,000. Cedar Mountain Advisors LLC purchased a new position in shares of Aramark in the 1st quarter valued at about $32,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Aramark during the 4th quarter worth about $32,000.

Aramark Company Profile

Aramark (NYSE: ARMK) is a global provider of food services, facilities management and uniform solutions, serving clients across a wide array of industries including education, healthcare, business and government. The company operates through three primary segments: Food and Support Services, Uniform and Career Apparel, and Facility Services, delivering integrated solutions designed to enhance guest experiences, improve operational efficiencies and maintain safe, clean environments. Aramark’s offerings include corporate dining, patient and senior nutrition, campus dining, sports and entertainment concessions, custodial services, technical maintenance and industrial laundry.

Founded in 1959 and headquartered in Philadelphia, Pennsylvania, Aramark has expanded its footprint to more than 20 countries, with a strong presence in North America, Latin America, Europe and Asia.