American Eagle Outfitters, Inc. (NYSE:AEO) to Issue $0.12 Quarterly Dividend

American Eagle Outfitters, Inc. (NYSE:AEO) announced a quarterly dividend on Tuesday, September 15th. Shareholders of record on Friday, October 9th will be paid a dividend of 0.125 per share by the apparel retailer on Wednesday, October 28th. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, October 9th.

American Eagle Outfitters has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. American Eagle Outfitters has a dividend payout ratio of 38.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect American Eagle Outfitters to earn $1.90 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 26.3%.

American Eagle Outfitters Trading Down 4.1%

American Eagle Outfitters stock opened at $14.80 on Wednesday. The firm has a 50-day moving average of $16.89 and a 200-day moving average of $17.37. American Eagle Outfitters has a one year low of $14.06 and a one year high of $28.46. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.59 and a quick ratio of 0.62. The company has a market cap of $2.48 billion, a price-to-earnings ratio of 7.55, a P/E/G ratio of 4.21 and a beta of 1.33.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings data on Wednesday, September 9th. The apparel retailer reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.57. American Eagle Outfitters had a return on equity of 23.63% and a net margin of 5.91%.The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.37 billion. During the same quarter last year, the company earned $0.45 EPS. American Eagle Outfitters’s revenue for the quarter was up 7.5% compared to the same quarter last year. On average, equities analysts expect that American Eagle Outfitters will post 2.09 earnings per share for the current fiscal year.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc (NYSE:AEO) is a specialty retailer offering casual apparel, accessories and footwear for young women and men. Its product assortment includes jeans, tops, dresses, intimates, loungewear and activewear, with merchandise sold through company-operated stores and digital channels.

The company’s principal brands include American Eagle, which focuses on casual lifestyle clothing and denim, and Aerie, which offers intimates, activewear and loungewear. Its brand portfolio has also included OFFLINE by Aerie, a performance and wellness-oriented line, and Todd Snyder, a menswear brand known for elevated casual clothing and tailoring.

Founded in 1977, American Eagle Outfitters is headquartered in Pittsburgh, Pennsylvania.