WESCO International, Inc. Plans Quarterly Dividend of $0.50 (NYSE:WCC)

WESCO International, Inc. (NYSE:WCC) declared a quarterly dividend on Thursday, May 28th. Investors of record on Friday, June 12th will be given a dividend of 0.50 per share by the technology company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Friday, June 12th.

WESCO International has a payout ratio of 12.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect WESCO International to earn $18.21 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 11.0%.

WESCO International Price Performance

WCC stock opened at $364.70 on Friday. WESCO International has a 1 year low of $161.98 and a 1 year high of $377.27. The company has a market cap of $17.76 billion, a P/E ratio of 25.92, a PEG ratio of 2.32 and a beta of 1.54. The firm has a 50-day moving average of $316.12 and a 200 day moving average of $288.57. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.12 and a quick ratio of 1.22.

WESCO International (NYSE:WCC) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $3.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.88 by $0.49. WESCO International had a net margin of 2.79% and a return on equity of 13.82%. The company had revenue of $6.08 billion during the quarter, compared to the consensus estimate of $5.86 billion. During the same period in the prior year, the firm earned $2.21 earnings per share. WESCO International’s revenue was up 13.8% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. On average, sell-side analysts forecast that WESCO International will post 15.9 EPS for the current year.

WESCO International Company Profile

WESCO International, Inc is a leading global distributor of electrical, industrial, communications and utility products, serving a diverse customer base across maintenance, repair and operations (MRO), original equipment manufacturing (OEM) and construction markets. The company offers a comprehensive portfolio of products ranging from power distribution and automation solutions to data communications, security systems and lighting controls. Through an extensive branch network, WESCO provides critical components and value‐added services that help organizations streamline operations and improve reliability in their facilities and infrastructure.

In addition to its broad product offering, WESCO delivers advanced supply chain management and logistics solutions designed to optimize inventory levels, reduce downtime and lower overall procurement costs.