Ball Corporation (NYSE:BALL) Plans Quarterly Dividend of $0.20

Ball Corporation (NYSE:BALL) declared a quarterly dividend on Tuesday, October 27th. Investors of record on Tuesday, December 1st will be given a dividend of $0.20 per share on Tuesday, December 15th. This represents a $0.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, December 1st.

Ball has increased its dividend by an average of 0.1% annually over the last three years. Ball has a payout ratio of 20.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Ball to earn $4.54 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 17.6%.

Ball Stock Down 0.5%

Shares of Ball stock opened at $64.13 on Wednesday. The stock’s fifty day moving average is $61.00 and its two-hundred day moving average is $60.71. Ball has a 52 week low of $44.83 and a 52 week high of $68.29. The company has a market capitalization of $16.97 billion, a PE ratio of 18.17 and a beta of 0.96.

Ball (NYSE:BALL) last issued its earnings results on Tuesday, August 4th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. The company had revenue of $4 billion for the quarter, compared to analysts’ expectations of $3.69 billion. During the same period in the prior year, the firm posted $0.90 earnings per share. The firm’s revenue for the quarter was up 19.7% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. As a group, research analysts anticipate that Ball will post 4.01 earnings per share for the current year.

Ball Company Profile

Ball Corporation is a global supplier of sustainable aluminum packaging. The company primarily manufactures aluminum beverage cans, bottles and cups used by beer, soft-drink, energy-drink and other beverage companies. Its products are designed to support brand presentation, product protection and recycling throughout the packaging lifecycle.

Ball serves customers across North and South America, Europe and other international markets through a network of manufacturing facilities. The company also develops and markets aluminum packaging products for additional consumer and household applications, including its reusable and recyclable Ball Aluminum Cup.

Founded in 1880 as a manufacturer of glass containers, Ball evolved into a major producer of metal packaging and became particularly known for its aluminum beverage cans.