American Eagle Outfitters, Inc. (AEO) To Go Ex-Dividend on July 10th

American Eagle Outfitters, Inc. (NYSE:AEO) announced a quarterly dividend on Tuesday, June 9th. Stockholders of record on Friday, July 10th will be given a dividend of 0.125 per share by the apparel retailer on Friday, July 24th. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, July 10th.

American Eagle Outfitters has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 2 consecutive years. American Eagle Outfitters has a dividend payout ratio of 38.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect American Eagle Outfitters to earn $1.90 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 26.3%.

American Eagle Outfitters Stock Performance

Shares of AEO stock opened at $16.52 on Wednesday. The company has a market cap of $2.77 billion, a P/E ratio of 10.20, a PEG ratio of 3.59 and a beta of 1.31. The firm has a fifty day moving average price of $16.93 and a 200 day moving average price of $20.36. The company has a current ratio of 1.55, a quick ratio of 0.53 and a debt-to-equity ratio of 0.05. American Eagle Outfitters has a 12 month low of $9.58 and a 12 month high of $28.46.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings results on Thursday, May 28th. The apparel retailer reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. American Eagle Outfitters had a return on equity of 20.95% and a net margin of 5.01%.The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.18 billion. During the same period in the previous year, the business earned ($0.29) EPS. American Eagle Outfitters’s revenue for the quarter was up 9.7% on a year-over-year basis. Sell-side analysts predict that American Eagle Outfitters will post 1.77 earnings per share for the current fiscal year.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc (NYSE: AEO) is a leading American specialty retailer offering apparel, accessories and personal care products for men and women. The company’s flagship brand, American Eagle, focuses on casualwear including denim, tops, outerwear and accessories targeted primarily at teens and young adults. In addition to its core apparel lines, the company operates the Aerie brand of intimates, loungewear and swimwear, which has gained recognition for its body-positive marketing and inclusive sizing.

American Eagle Outfitters conducts business through a combination of over 900 brick-and-mortar stores in North America and Greater China, complemented by a growing e-commerce platform that serves customers around the globe.