Apogee Enterprises, Inc. (APOG) To Go Ex-Dividend on February 3rd

Apogee Enterprises, Inc. (NASDAQ:APOG) announced a quarterly dividend on Wednesday, January 14th. Investors of record on Tuesday, February 3rd will be paid a dividend of 0.27 per share by the industrial products company on Wednesday, February 18th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date is Tuesday, February 3rd. This is a 3.8% increase from Apogee Enterprises’s previous quarterly dividend of $0.26.

Apogee Enterprises has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 14 years. Apogee Enterprises has a dividend payout ratio of 26.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Apogee Enterprises to earn $4.43 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 24.4%.

Apogee Enterprises Stock Performance

Shares of Apogee Enterprises stock opened at $37.13 on Friday. Apogee Enterprises has a 12 month low of $30.75 and a 12 month high of $52.33. The firm has a market capitalization of $798.67 million, a P/E ratio of 20.07 and a beta of 1.08. The company has a current ratio of 1.90, a quick ratio of 1.45 and a debt-to-equity ratio of 0.50. The business has a fifty day simple moving average of $37.43 and a two-hundred day simple moving average of $39.62.

Apogee Enterprises (NASDAQ:APOG) last issued its quarterly earnings results on Wednesday, January 7th. The industrial products company reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.01). Apogee Enterprises had a return on equity of 15.02% and a net margin of 2.86%.The business had revenue of $348.56 million during the quarter, compared to the consensus estimate of $355.29 million. During the same quarter in the previous year, the business earned $1.19 earnings per share. The firm’s revenue was up 2.1% compared to the same quarter last year. Apogee Enterprises has set its FY 2026 guidance at 3.4-3.500 EPS. On average, equities analysts forecast that Apogee Enterprises will post 4.97 earnings per share for the current fiscal year.

About Apogee Enterprises

Apogee Enterprises, Inc is a diversified manufacturer and distributor of value-added architectural products and services. The company specializes in the design, fabrication and installation of high-performance glass, framing systems, curtain walls, skylights and other building envelope solutions. Its operations span three primary platforms—Architectural Framing Systems, Architectural Glass and Architectural Services—enabling Apogee to deliver complete, integrated façade systems for new construction, renovation and retrofit projects.

Headquartered in Minneapolis, Minnesota, Apogee traces its roots to the mid-20th century and today serves commercial, institutional and residential markets across North America and Europe.