Park-Ohio Holdings Corp. (NASDAQ:PKOH) Declares Quarterly Dividend of $0.12

Park-Ohio Holdings Corp. (NASDAQ:PKOH) declared a quarterly dividend on Friday, July 17th. Investors of record on Friday, July 31st will be paid a dividend of 0.125 per share by the industrial products company on Friday, August 14th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, July 31st.

Park-Ohio has raised its dividend payment by an average of 0.1%per year over the last three years. Park-Ohio has a dividend payout ratio of 14.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Park-Ohio to earn $3.57 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 14.0%.

Park-Ohio Price Performance

PKOH traded down $0.68 during midday trading on Friday, hitting $37.76. The stock had a trading volume of 76,197 shares, compared to its average volume of 53,154. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.23 and a current ratio of 2.40. Park-Ohio has a 1 year low of $15.52 and a 1 year high of $39.33. The business has a fifty day moving average of $34.12 and a 200 day moving average of $28.21. The company has a market cap of $543.74 million, a P/E ratio of 22.48, a price-to-earnings-growth ratio of 1.00 and a beta of 1.18.

Park-Ohio (NASDAQ:PKOH) last posted its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.65. Park-Ohio had a return on equity of 9.93% and a net margin of 1.46%.The business had revenue of $421.00 million for the quarter, compared to analyst estimates of $413.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, equities analysts forecast that Park-Ohio will post 3.1 earnings per share for the current fiscal year.

About Park-Ohio

Park-Ohio Holdings Corp is a diversified industrial company that supplies engineered products and distribution services to a broad array of end markets. Through its two primary operating segments—Engineered Solutions and Supply Chain Solutions—the company delivers metal components, assemblies and value-added distribution tailored to energy, transportation, industrial and commercial applications.

The Engineered Solutions segment provides design, machining, fabrication and assembly of custom metal parts, including heat exchangers, welded assemblies, tubing products and precision-machined components.