Booz Allen Hamilton Holding Corporation (NYSE:BAH) Increases Dividend to $0.59 Per Share

Booz Allen Hamilton Holding Corporation (NYSE:BAHGet Free Report) declared a quarterly dividend on Friday, January 23rd. Investors of record on Friday, February 13th will be given a dividend of 0.59 per share by the business services provider on Monday, March 2nd. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, February 13th. This is a 7.3% increase from Booz Allen Hamilton’s previous quarterly dividend of $0.55.

Booz Allen Hamilton has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 14 consecutive years. Booz Allen Hamilton has a payout ratio of 31.7% meaning its dividend is sufficiently covered by earnings. 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 $2.36 annual dividend with an expected future payout ratio of 34.0%.

Booz Allen Hamilton Stock Performance

Shares of BAH stock traded down $7.05 during trading hours on Wednesday, reaching $82.90. 956,100 shares of the company’s stock were exchanged, compared to its average volume of 2,511,166. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.81. The company’s 50 day moving average is $89.87 and its two-hundred day moving average is $95.34. The company has a market cap of $10.00 billion, a P/E ratio of 12.31, a price-to-earnings-growth ratio of 5.29 and a beta of 0.33. Booz Allen Hamilton has a 1 year low of $79.23 and a 1 year high of $130.91.

Booz Allen Hamilton (NYSE:BAHGet Free Report) last announced its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.51. Booz Allen Hamilton had a return on equity of 76.79% and a net margin of 7.35%.The firm had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same quarter in the prior year, the company posted $1.55 earnings per share. Booz Allen Hamilton’s quarterly revenue was down 10.2% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Equities research analysts anticipate that Booz Allen Hamilton will post 6.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BAH. Activest Wealth Management increased its stake in Booz Allen Hamilton by 141.3% in the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 178 shares during the last quarter. Torren Management LLC acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter worth approximately $26,000. Rakuten Securities Inc. boosted its position in shares of Booz Allen Hamilton by 414.6% in the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after acquiring an additional 199 shares during the last quarter. Aventura Private Wealth LLC purchased a new stake in Booz Allen Hamilton in the fourth quarter valued at approximately $27,000. Finally, West Branch Capital LLC increased its position in Booz Allen Hamilton by 58.3% during the third quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock worth $28,000 after purchasing an additional 105 shares during the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

About Booz Allen Hamilton

(Get Free Report)

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.

See Also

Dividend History for Booz Allen Hamilton (NYSE:BAH)

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