Park-Ohio Holdings Corp. Declares Quarterly Dividend of $0.12 (NASDAQ:PKOH)

Park-Ohio Holdings Corp. (NASDAQ:PKOH) announced a quarterly dividend on Friday, July 17th. Shareholders of record on Friday, July 31st will be paid a dividend of 0.125 per share by the industrial products company on Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, July 31st.

Park-Ohio has increased its dividend payment by an average of 0.1%per year over the last three years. Park-Ohio has a dividend payout ratio of 14.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Park-Ohio to earn $3.57 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 14.0%.

Park-Ohio Trading Down 1.8%

Shares of PKOH stock traded down $0.68 during mid-day trading on Friday, reaching $37.76. 76,197 shares of the stock traded hands, compared to its average volume of 53,154. The stock’s fifty day simple moving average is $34.12 and its two-hundred day simple moving average is $28.21. Park-Ohio has a 1-year low of $15.52 and a 1-year high of $39.33. The company has a market cap of $543.74 million, a price-to-earnings ratio of 22.48, a price-to-earnings-growth ratio of 1.00 and a beta of 1.18. The company has a quick ratio of 1.23, a current ratio of 2.40 and a debt-to-equity ratio of 1.70.

Park-Ohio (NASDAQ:PKOH) last issued its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.65 EPS for the quarter, hitting analysts’ consensus estimates of $0.65. The company had revenue of $421.00 million for the quarter, compared to analyst estimates of $413.90 million. Park-Ohio had a net margin of 1.46% and a return on equity of 9.93%. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS. On average, research analysts anticipate that Park-Ohio will post 3.1 EPS for the current fiscal year.

Park-Ohio Company Profile

Park-Ohio Holdings Corp is a diversified industrial company that supplies engineered products and distribution services to a broad array of end markets. Through its two primary operating segments—Engineered Solutions and Supply Chain Solutions—the company delivers metal components, assemblies and value-added distribution tailored to energy, transportation, industrial and commercial applications.

The Engineered Solutions segment provides design, machining, fabrication and assembly of custom metal parts, including heat exchangers, welded assemblies, tubing products and precision-machined components.