BRP Inc Plans Quarterly Dividend of $0.07 (NASDAQ:DOOO)
BRP Inc (NASDAQ:DOOO) declared a quarterly dividend on Monday, June 3rd, Wall Street Journal reports. Stockholders of record on Friday, June 28th will be given a dividend of 0.074 per share on Friday, July 12th. This represents a $0.30 annualized dividend and a dividend yield of 0.84%. The ex-dividend date is Thursday, June 27th.
DOOO opened at $35.31 on Wednesday. BRP has a 52-week low of $23.90 and a 52-week high of $55.41. The stock has a market capitalization of $3.43 billion and a PE ratio of 14.84. The company’s 50 day simple moving average is $31.11.
BRP (NASDAQ:DOOO) last posted its earnings results on Thursday, May 30th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.02. BRP had a negative return on equity of 80.77% and a net margin of 4.38%. The firm had revenue of $999.74 million for the quarter, compared to analysts’ expectations of $939.22 million. As a group, equities analysts anticipate that BRP will post 2.71 earnings per share for the current year.
BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersport vehicles and marine products worldwide. It operates through two segments, Powersports and Marine. The company offers all-terrain, side-by-side, and three-wheeled vehicles; seasonal products consisting of snowmobiles and personal watercraft; and propulsion systems comprising engines for outboard and jet boats, karts, motorcycles, and recreational aircraft.
Receive News & Ratings for BRP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRP and related companies with MarketBeat.com's FREE daily email newsletter.