Aecon Group Inc. Plans Quarterly Dividend of $0.19 (TSE:ARE)

Aecon Group Inc. (TSE:ARE) declared a quarterly dividend on Tuesday, June 23rd, TickerTech Dividends reports. Investors of record on Friday, July 3rd will be given a dividend of 0.1925 per share on Friday, July 3rd. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Aecon Group Price Performance

Shares of ARE stock opened at C$43.71 on Friday. The stock has a 50-day moving average price of C$47.15 and a 200 day moving average price of C$39.81. The company has a quick ratio of 1.27, a current ratio of 1.16 and a debt-to-equity ratio of 42.80. The firm has a market cap of C$2.99 billion, a price-to-earnings ratio of 79.47, a PEG ratio of 18.18 and a beta of 1.36. Aecon Group has a 12 month low of C$17.06 and a 12 month high of C$57.72.

Aecon Group (TSE:ARE) last released its earnings results on Tuesday, April 28th. The company reported C($0.21) earnings per share (EPS) for the quarter. The business had revenue of C$1.26 billion for the quarter. Aecon Group had a net margin of 0.62% and a return on equity of 3.71%. Research analysts expect that Aecon Group will post 1.3793321 EPS for the current year.

About Aecon Group

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. Aecon generates the majority of its revenue from the Construction segment.