KBR, Inc. (NYSE:KBR – Get Free Report) announced a quarterly dividend on Wednesday, October 14th. Stockholders of record on Tuesday, December 15th will be paid a dividend of $0.1650 per share by the construction company on Friday, January 15th. This represents a $0.66 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, December 15th.
KBR has increased its dividend by an average of 0.1% per year over the last three years and has increased its dividend every year for the last 6 years. KBR has a payout ratio of 15.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect KBR to earn $4.15 per share next year, which means the company should continue to be able to cover its $0.66 annual dividend with an expected future payout ratio of 15.9%.
KBR Stock Down 0.6%
Shares of NYSE:KBR traded down $0.21 during midday trading on Wednesday, reaching $35.20. 1,095,526 shares of the company were exchanged, compared to its average volume of 1,579,278. KBR has a fifty-two week low of $29.94 and a fifty-two week high of $45.37. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.52. The stock has a fifty day simple moving average of $36.54 and a two-hundred day simple moving average of $35.68. The firm has a market cap of $4.44 billion, a PE ratio of 10.60, a P/E/G ratio of 1.90 and a beta of 0.47.
About KBR
KBR, Inc (NYSE: KBR) is a global engineering, technology and professional services company serving government and commercial customers. Its services include program management, systems engineering, mission operations, logistics, scientific research, cybersecurity, digital solutions and technical support for complex infrastructure and national security programs.
Through its government solutions business, KBR supports defense, intelligence, space, civil government and other public-sector customers.
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