Booz Allen Hamilton Holding Corporation (NYSE:BAH) Announces $0.55 Quarterly Dividend

Booz Allen Hamilton Holding Corporation (NYSE:BAH) announced a quarterly dividend on Friday, July 25th, RTT News reports. Shareholders of record on Thursday, August 14th will be paid a dividend of 0.55 per share by the business services provider on Friday, August 29th. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Thursday, August 14th.

Booz Allen Hamilton has a payout ratio of 29.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Booz Allen Hamilton to earn $6.94 per share next year, which means the company should continue to be able to cover its $2.20 annual dividend with an expected future payout ratio of 31.7%.

Booz Allen Hamilton Stock Performance

Shares of NYSE:BAH opened at $109.21 on Tuesday. The stock has a market capitalization of $13.46 billion, a P/E ratio of 13.42, a P/E/G ratio of 1.73 and a beta of 0.47. Booz Allen Hamilton has a 1-year low of $98.95 and a 1-year high of $190.59. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.66. The business has a 50-day moving average price of $106.40 and a two-hundred day moving average price of $112.53.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, July 25th. The business services provider reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.03. The firm had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.96 billion. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%. The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.38 EPS. Equities analysts predict that Booz Allen Hamilton will post 6.44 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BAH. MassMutual Private Wealth & Trust FSB increased its position in Booz Allen Hamilton by 74.5% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider’s stock worth $26,000 after buying an additional 105 shares during the period. Brooklyn Investment Group increased its position in Booz Allen Hamilton by 102.8% during the 1st quarter. Brooklyn Investment Group now owns 294 shares of the business services provider’s stock worth $31,000 after buying an additional 149 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in Booz Allen Hamilton during the 4th quarter worth $33,000. Versant Capital Management Inc increased its position in Booz Allen Hamilton by 627.3% during the 1st quarter. Versant Capital Management Inc now owns 320 shares of the business services provider’s stock worth $33,000 after buying an additional 276 shares during the period. Finally, CX Institutional acquired a new stake in shares of Booz Allen Hamilton during the 1st quarter worth $33,000. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.