Leonardo DRS, Inc. (DRS) to Issue Quarterly Dividend of $0.09 on June 2nd

Leonardo DRS, Inc. (NASDAQ:DRS) declared a quarterly dividend on Tuesday, May 5th. Shareholders of record on Tuesday, May 19th will be paid a dividend of 0.09 per share on Tuesday, June 2nd. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date is Tuesday, May 19th.

Leonardo DRS has a payout ratio of 28.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Leonardo DRS to earn $1.42 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 25.4%.

Leonardo DRS Stock Down 3.2%

Shares of NASDAQ DRS opened at $41.50 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.52 and a debt-to-equity ratio of 0.05. The company has a market cap of $11.07 billion, a price-to-earnings ratio of 38.79, a PEG ratio of 3.01 and a beta of 0.29. Leonardo DRS has a 12 month low of $32.43 and a 12 month high of $49.31. The stock has a 50-day moving average price of $44.29 and a two-hundred day moving average price of $39.87.

Leonardo DRS (NASDAQ:DRS) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.05. Leonardo DRS had a return on equity of 12.02% and a net margin of 7.85%.The company had revenue of $846.00 million during the quarter, compared to the consensus estimate of $825.05 million. During the same quarter in the prior year, the firm posted $0.20 earnings per share. The firm’s revenue was up 5.9% compared to the same quarter last year. Leonardo DRS has set its FY 2026 guidance at 1.260-1.300 EPS. As a group, analysts forecast that Leonardo DRS will post 1.3 earnings per share for the current fiscal year.

About Leonardo DRS

Leonardo DRS is a U.S.-based defense technology company and wholly owned subsidiary of Italy’s Leonardo S.p.A. The firm specializes in developing and integrating mission-critical systems for military and government customers, with a primary focus on command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR). Its core offerings encompass advanced sensors, targeting systems, radars and electronic warfare solutions designed to enhance situational awareness and operational effectiveness across land, sea and air domains.

The company’s portfolio includes naval combat management systems, unmanned vehicle sensors, power generation and distribution equipment, and training and simulation solutions.