Americold Realty Trust Inc. (COLD) to Issue Quarterly Dividend of $0.23 on April 15th

Americold Realty Trust Inc. (NYSE:COLD) announced a quarterly dividend on Thursday, March 5th. Investors of record on Tuesday, March 31st will be paid a dividend of 0.23 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend is Tuesday, March 31st.

Americold Realty Trust has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. Americold Realty Trust has a payout ratio of 255.6% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Americold Realty Trust to earn $1.60 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 57.5%.

Americold Realty Trust Stock Down 1.6%

Shares of COLD opened at $12.50 on Friday. The firm has a fifty day moving average price of $12.93 and a 200-day moving average price of $12.77. The company has a current ratio of 0.12, a quick ratio of 0.11 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $3.56 billion, a P/E ratio of -31.25, a P/E/G ratio of 4.51 and a beta of 0.89. Americold Realty Trust has a 12-month low of $10.10 and a 12-month high of $22.93.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings results on Thursday, February 19th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of $0.37 by ($0.68). The company had revenue of $658.45 million during the quarter, compared to analysts’ expectations of $654.55 million. Americold Realty Trust had a negative return on equity of 3.71% and a negative net margin of 4.40%.The company’s quarterly revenue was down 1.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.37 EPS. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Equities research analysts expect that Americold Realty Trust will post 1.47 earnings per share for the current year.

About Americold Realty Trust

Americold Realty Trust is a real estate investment trust specializing in temperature-controlled warehousing and logistics solutions. The company owns, operates, and develops a global network of cold storage facilities designed to support the storage, handling, and distribution of perishable products. Services include blast freezing, repacking, labeling, cross-docking, and transportation management, all integrated to streamline clients’ cold chain operations and help ensure product quality and safety from origin to point of consumption.

With roots dating back to the early 20th century, Americold has expanded through strategic acquisitions and facility development to become one of the world’s largest publicly traded cold storage providers.