Polaris Inc. (PII) To Go Ex-Dividend on June 1st

Polaris Inc. (NYSE:PII) announced a quarterly dividend on Monday, May 4th. Shareholders of record on Monday, June 1st will be given a dividend of 0.68 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Monday, June 1st.

Polaris has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 30 consecutive years. Polaris has a payout ratio of 1,088.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Polaris to earn $3.21 per share next year, which means the company should continue to be able to cover its $2.72 annual dividend with an expected future payout ratio of 84.7%.

Polaris Stock Up 1.0%

PII opened at $70.74 on Friday. The business’s fifty day moving average is $60.52 and its two-hundred day moving average is $63.37. The company has a debt-to-equity ratio of 2.72, a quick ratio of 0.48 and a current ratio of 1.21. The company has a market cap of $4.02 billion, a price-to-earnings ratio of -9.02 and a beta of 1.25. Polaris has a one year low of $36.73 and a one year high of $75.25.

Polaris (NYSE:PII) last posted its earnings results on Monday, April 27th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of ($0.43) by $0.56. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.63 billion. Polaris had a positive return on equity of 5.91% and a negative net margin of 6.13%.Polaris’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.90) earnings per share. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. Analysts anticipate that Polaris will post 1.76 EPS for the current fiscal year.

Polaris Company Profile

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.