WESCO International, Inc. (NYSE:WCC) Plans Quarterly Dividend of $0.50

WESCO International, Inc. (NYSE:WCC) announced a quarterly dividend on Thursday, February 26th. Stockholders of record on Friday, March 13th will be paid a dividend of 0.50 per share by the technology company on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Friday, March 13th. This is a 10.2% increase from WESCO International’s previous quarterly dividend of $0.45.

WESCO International has a payout ratio of 11.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect WESCO International to earn $15.86 per share next year, which means the company should continue to be able to cover its $1.81 annual dividend with an expected future payout ratio of 11.4%.

WESCO International Trading Down 3.8%

WCC stock traded down $11.28 during trading on Friday, reaching $284.56. 259,719 shares of the stock traded hands, compared to its average volume of 580,118. The firm has a market capitalization of $13.85 billion, a PE ratio of 21.82, a P/E/G ratio of 1.91 and a beta of 1.45. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.20 and a quick ratio of 1.27. The business’s 50 day moving average price is $281.14 and its 200-day moving average price is $249.76. WESCO International has a 52-week low of $125.21 and a 52-week high of $319.67.

WESCO International (NYSE:WCC) last issued its earnings results on Tuesday, February 10th. The technology company reported $3.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.82 by ($0.42). The firm had revenue of $6.07 billion for the quarter, compared to analysts’ expectations of $6.03 billion. WESCO International had a return on equity of 13.00% and a net margin of 2.72%.During the same quarter in the previous year, the firm posted $3.16 EPS. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. As a group, sell-side analysts forecast that WESCO International will post 13.3 earnings per share for the current year.

About WESCO International

WESCO International, Inc is a leading global distributor of electrical, industrial, communications and utility products, serving a diverse customer base across maintenance, repair and operations (MRO), original equipment manufacturing (OEM) and construction markets. The company offers a comprehensive portfolio of products ranging from power distribution and automation solutions to data communications, security systems and lighting controls. Through an extensive branch network, WESCO provides critical components and value‐added services that help organizations streamline operations and improve reliability in their facilities and infrastructure.

In addition to its broad product offering, WESCO delivers advanced supply chain management and logistics solutions designed to optimize inventory levels, reduce downtime and lower overall procurement costs.