Masco Corporation (NYSE:MAS) Declares $0.32 Quarterly Dividend

Masco Corporation (NYSE:MASGet Free Report) announced a quarterly dividend on Monday, May 11th. Shareholders of record on Friday, May 22nd will be paid a dividend of 0.32 per share by the construction company on Monday, June 8th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Friday, May 22nd.

Masco has increased its dividend payment by an average of 0.2%per year over the last three years and has raised its dividend annually for the last 12 consecutive years. Masco has a dividend payout ratio of 31.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Masco to earn $4.68 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 27.4%.

Masco Stock Down 1.7%

Shares of NYSE:MAS opened at $70.55 on Tuesday. The firm has a market cap of $14.23 billion, a P/E ratio of 17.51, a P/E/G ratio of 1.77 and a beta of 1.34. The company has a quick ratio of 1.11, a current ratio of 1.75 and a debt-to-equity ratio of 109.07. Masco has a 12 month low of $58.16 and a 12 month high of $79.19. The company’s 50-day moving average price is $65.12 and its two-hundred day moving average price is $66.22.

Masco (NYSE:MASGet Free Report) last issued its earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.16. The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.07 billion. Masco had a net margin of 10.90% and a return on equity of 815.20%. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.87 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, research analysts forecast that Masco will post 4.25 EPS for the current fiscal year.

Masco Company Profile

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Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door‐bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company’s product offerings are organized into two primary segments.

See Also

Dividend History for Masco (NYSE:MAS)

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