WillScot Holdings Corporation (NASDAQ:WSC) to Issue Quarterly Dividend of $0.07

WillScot Holdings Corporation (NASDAQ:WSC) declared a quarterly dividend on Thursday, August 6th, NASDAQ Dividends reports. Investors of record on Wednesday, September 2nd will be paid a dividend of 0.07 per share on Wednesday, September 16th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Wednesday, September 2nd.

WillScot has a dividend payout ratio of 14.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect WillScot to earn $1.32 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 21.2%.

WillScot Stock Performance

Shares of WSC stock opened at $25.82 on Friday. The company has a market capitalization of $4.67 billion, a P/E ratio of -67.95, a PEG ratio of 1.58 and a beta of 1.33. The company has a debt-to-equity ratio of 4.00, a quick ratio of 0.72 and a current ratio of 0.79. The stock has a 50 day moving average price of $26.83 and a two-hundred day moving average price of $23.15. WillScot has a fifty-two week low of $14.91 and a fifty-two week high of $29.77.

WillScot (NASDAQ:WSC) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.03. The firm had revenue of $612.15 million for the quarter, compared to analyst estimates of $585.43 million. WillScot had a positive return on equity of 20.65% and a negative net margin of 2.99%.The business’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period last year, the company earned $0.27 EPS. Analysts expect that WillScot will post 1.1 earnings per share for the current year.

WillScot Company Profile

WillScot (NASDAQ: WSC) is a leading North American provider of modular space and portable storage solutions. The company designs, manufactures, leases and sells temporary and permanent modular buildings to serve sectors such as education, healthcare, construction, industrial and government. Its modular space offerings range from single‐unit office trailers and classrooms to complex multi‐unit configurations tailored to diverse project requirements.

In addition to modular structures, WillScot offers a broad portfolio of portable storage containers and related services, including site logistics, customization, delivery and installation.