Wabtec (NYSE:WAB) Declares Quarterly Dividend of $0.31

Wabtec (NYSE:WAB) announced a quarterly dividend on Wednesday, July 15th. Stockholders of record on Tuesday, August 18th will be paid a dividend of 0.31 per share by the transportation company on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, August 18th.

Wabtec has raised its dividend payment by an average of 0.2%per year over the last three years and has raised its dividend annually for the last 4 consecutive years. Wabtec has a dividend payout ratio of 12.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Wabtec to earn $12.22 per share next year, which means the company should continue to be able to cover its $1.24 annual dividend with an expected future payout ratio of 10.1%.

Wabtec Trading Down 0.7%

NYSE:WAB opened at $260.11 on Thursday. The stock has a fifty day simple moving average of $264.41 and a 200 day simple moving average of $252.45. The firm has a market capitalization of $44.13 billion, a price-to-earnings ratio of 36.79, a price-to-earnings-growth ratio of 1.87 and a beta of 0.94. Wabtec has a 1-year low of $184.26 and a 1-year high of $284.91. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 0.42.

Wabtec (NYSE:WAB) last posted its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $2.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.62 by $0.09. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.The firm had revenue of $2.95 billion for the quarter, compared to the consensus estimate of $3.08 billion. During the same quarter in the previous year, the company earned $2.28 EPS. The business’s revenue for the quarter was up 13.0% compared to the same quarter last year. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. Sell-side analysts forecast that Wabtec will post 10.64 earnings per share for the current year.

Wabtec Company Profile

Wabtec Corporation (Westinghouse Air Brake Technologies Corporation) is a global provider of equipment, systems and services for the rail industry. The company supplies products and solutions to freight railroads, transit agencies and other industrial operators, focusing on technologies that improve the performance, safety and efficiency of locomotives and rail networks. Wabtec’s business spans new equipment manufacturing, aftermarket parts and services, and digital and control systems for rail operations.

Product and service offerings include locomotive systems and components, braking and air systems, propulsion and traction equipment, signaling and control technologies, and a range of aftermarket services such as maintenance, remanufacturing, parts distribution and fleet modernization.