Concrete Pumping Holdings, Inc. Plans Quarterly Dividend of $0.13 (NASDAQ:BBCP)

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) announced a quarterly dividend on Thursday, September 3rd. Investors of record on Friday, September 18th will be paid a dividend of 0.13 per share on Friday, October 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Friday, September 18th.

Concrete Pumping Trading Up 1.9%

BBCP stock opened at $9.05 on Friday. Concrete Pumping has a fifty-two week low of $5.55 and a fifty-two week high of $12.19. The business has a fifty day moving average price of $10.12 and a 200 day moving average price of $8.67. The stock has a market capitalization of $456.03 million, a price-to-earnings ratio of 64.64 and a beta of 0.86. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.73 and a quick ratio of 1.61.

Concrete Pumping (NASDAQ:BBCP) last released its quarterly earnings results on Thursday, September 3rd. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. The business had revenue of $116.77 million for the quarter, compared to analysts’ expectations of $110.19 million. Concrete Pumping had a net margin of 2.23% and a return on equity of 3.47%. Analysts expect that Concrete Pumping will post 0.17 EPS for the current fiscal year.

Concrete Pumping Company Profile

Concrete Pumping Holdings, Inc (NASDAQ: BBCP) is a specialized provider of concrete placing and pumping solutions for commercial, residential and infrastructure construction projects. Through its network of regional operating subsidiaries, the company offers boom pumps, line pumps and volumetric concrete mixers, enabling contractors to efficiently deliver and place concrete on jobsites of varying scale and complexity. Concrete Pumping’s services are designed to streamline the concrete placement process, reduce project timelines and improve overall jobsite safety.

Since its formation through a series of strategic acquisitions beginning in 2020, Concrete Pumping Holdings has focused on consolidating regional operators under a unified platform.