Booz Allen Hamilton Holding Corporation (NYSE:BAH) to Issue $0.59 Quarterly Dividend

Booz Allen Hamilton Holding Corporation (NYSE:BAH) declared a quarterly dividend on Friday, May 22nd. Stockholders of record on Wednesday, June 10th will be given a dividend of 0.59 per share by the business services provider on Friday, June 26th. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, June 10th.

Booz Allen Hamilton has increased its dividend by an average of 0.1%per year over the last three years and has raised 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. Research analysts expect Booz Allen Hamilton to earn $6.17 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 38.2%.

Booz Allen Hamilton Trading Up 3.1%

Booz Allen Hamilton stock opened at $78.70 on Friday. The firm has a 50 day simple moving average of $78.57 and a 200-day simple moving average of $83.25. 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 stock has a market capitalization of $9.49 billion, a PE ratio of 11.69, a price-to-earnings-growth ratio of 4.41 and a beta of 0.32. Booz Allen Hamilton has a 12-month low of $68.83 and a 12-month high of $120.04.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.46. The business had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $2.87 billion. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The business’s revenue was down 5.9% on a year-over-year basis. During the same period last year, the firm posted $1.61 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. As a group, equities research analysts expect that Booz Allen Hamilton will post 6.07 EPS for the current fiscal year.

About Booz Allen Hamilton

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.