Jacobs Solutions Inc. (NYSE:J) Plans Dividend Increase – $0.36 Per Share

Jacobs Solutions Inc. (NYSE:J) announced a quarterly dividend on Thursday, January 29th. Shareholders of record on Friday, February 20th will be given a dividend of 0.36 per share on Friday, March 20th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, February 20th. This is a 12.5% increase from Jacobs Solutions’s previous quarterly dividend of $0.32.

Jacobs Solutions has raised its dividend by an average of 0.3%annually over the last three years and has increased its dividend every year for the last 4 years. Jacobs Solutions has a dividend payout ratio of 18.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Jacobs Solutions to earn $6.86 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 18.7%.

Jacobs Solutions Stock Performance

Jacobs Solutions stock traded down $1.36 during mid-day trading on Friday, reaching $134.93. 48,930 shares of the company were exchanged, compared to its average volume of 655,928. The firm’s 50-day simple moving average is $136.40 and its two-hundred day simple moving average is $144.67. Jacobs Solutions has a twelve month low of $106.23 and a twelve month high of $168.44. The firm has a market cap of $15.93 billion, a PE ratio of 55.84, a price-to-earnings-growth ratio of 1.48 and a beta of 0.81. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.30 and a current ratio of 1.30.

Jacobs Solutions (NYSE:J) last released its earnings results on Thursday, November 20th. The company reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.08. Jacobs Solutions had a return on equity of 19.14% and a net margin of 2.41%.The business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same quarter in the previous year, the company posted $1.37 earnings per share. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Equities analysts predict that Jacobs Solutions will post 6.05 earnings per share for the current fiscal year.

About Jacobs Solutions

Jacobs Solutions Inc, commonly known as Jacobs, is a global professional services firm that provides technical, engineering, scientific and project delivery expertise across a broad range of industries. Founded in 1947 by Joseph J. Jacobs in Pasadena, California, the company evolved from a regional engineering consultancy into a diversified provider of design, program and construction management, operations and maintenance, and scientific services for complex infrastructure and industrial programs.