WillScot Holdings Corporation (NASDAQ:WSC) to Issue Quarterly Dividend of $0.07

WillScot Holdings Corporation (NASDAQ:WSC) announced a quarterly dividend on Thursday, November 6th. Stockholders of record on Wednesday, December 3rd will be paid a dividend of 0.07 per share on Wednesday, December 17th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Wednesday, December 3rd.

WillScot has a dividend payout ratio of 14.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect WillScot to earn $1.96 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 14.3%.

WillScot Stock Performance

Shares of NASDAQ:WSC traded down $2.60 during trading on Friday, hitting $16.95. 3,898,345 shares of the stock traded hands, compared to its average volume of 2,548,170. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 3.55. The company has a fifty day moving average price of $22.18 and a two-hundred day moving average price of $25.49. WillScot has a 52-week low of $16.83 and a 52-week high of $39.81. The company has a market cap of $3.09 billion, a price-to-earnings ratio of 28.14, a P/E/G ratio of 1.85 and a beta of 1.15.

WillScot (NASDAQ:WSC) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.29 by $0.01. The company had revenue of $566.84 million for the quarter, compared to analyst estimates of $583.52 million. WillScot had a net margin of 4.66% and a return on equity of 24.83%. The firm’s revenue was down 5.8% on a year-over-year basis. During the same quarter last year, the business earned $0.38 earnings per share. WillScot has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts predict that WillScot will post 1.77 EPS for the current year.

WillScot Company Profile

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.