Americold Realty Trust Inc. (NYSE:COLD) Plans Quarterly Dividend of $0.23

Americold Realty Trust Inc. (NYSE:COLD) declared a quarterly dividend on Thursday, May 21st. Investors of record on Tuesday, June 30th will be given a dividend of 0.23 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Tuesday, June 30th.

Americold Realty Trust has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. Americold Realty Trust has a dividend payout ratio of 255.6% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Americold Realty Trust to earn $1.23 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 74.8%.

Americold Realty Trust Stock Performance

NYSE:COLD opened at $14.40 on Friday. The firm’s fifty day moving average price is $12.46 and its 200 day moving average price is $12.37. Americold Realty Trust has a 1-year low of $10.10 and a 1-year high of $18.08. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.11 and a quick ratio of 0.11. The firm has a market cap of $4.11 billion, a price-to-earnings ratio of -36.93 and a beta of 0.89.

Americold Realty Trust (NYSE:COLD) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.33. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The firm had revenue of $629.87 million for the quarter, compared to analyst estimates of $613.77 million. During the same period last year, the firm posted $0.34 EPS. Americold Realty Trust’s quarterly revenue was up .2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. On average, sell-side analysts expect that Americold Realty Trust will post 1.18 EPS for the current year.

About Americold Realty Trust

Americold Realty Trust is a real estate investment trust specializing in temperature-controlled warehousing and logistics solutions. The company owns, operates, and develops a global network of cold storage facilities designed to support the storage, handling, and distribution of perishable products. Services include blast freezing, repacking, labeling, cross-docking, and transportation management, all integrated to streamline clients’ cold chain operations and help ensure product quality and safety from origin to point of consumption.

With roots dating back to the early 20th century, Americold has expanded through strategic acquisitions and facility development to become one of the world’s largest publicly traded cold storage providers.