Brink’s Company (The) (NYSE:BCO – Get Free Report) declared a quarterly dividend on Friday, July 10th. Shareholders of record on Monday, July 27th will be paid a dividend of 0.255 per share by the business services provider on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, July 27th.
Brink’s has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 5 years. Brink’s has a dividend payout ratio of 11.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Brink’s to earn $10.16 per share next year, which means the company should continue to be able to cover its $1.02 annual dividend with an expected future payout ratio of 10.0%.
Brink’s Trading Up 0.7%
Shares of NYSE BCO opened at $121.98 on Friday. The firm’s 50 day moving average price is $104.57 and its 200-day moving average price is $111.94. Brink’s has a 52-week low of $84.99 and a 52-week high of $136.37. The company has a debt-to-equity ratio of 9.75, a quick ratio of 1.53 and a current ratio of 1.53. The company has a market cap of $5.02 billion, a PE ratio of 28.50 and a beta of 1.06.
About Brink’s
The Brink’s Company (NYSE: BCO) is a global leader in secure logistics and cash management solutions. The company provides a comprehensive suite of services that span armored transportation, cash-in-transit (CIT), ATM services, smart safe solutions, and valuables storage. Through its network of service centers and armored vehicles, Brink’s ensures the safe and efficient movement of currency, precious metals, and other high-value assets for banks, retailers, mints, and government agencies.
Brink’s armored transport operations are complemented by technology-driven cash management offerings, including deposit automation and secure vaulting.
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