Booz Allen Hamilton Holding Corporation (BAH) to Issue Quarterly Dividend of $0.59 on June 26th

Booz Allen Hamilton Holding Corporation (NYSE:BAH) announced a quarterly dividend on Wednesday, May 20th. Stockholders of record on Wednesday, June 10th will be paid a dividend of 0.59 per share by the business services provider on Friday, June 26th. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, June 10th.

Booz Allen Hamilton has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 14 consecutive years. Booz Allen Hamilton has a payout ratio of 31.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Booz Allen Hamilton to earn $6.84 per share next year, which means the company should continue to be able to cover its $2.36 annual dividend with an expected future payout ratio of 34.5%.

Booz Allen Hamilton Trading Down 0.0%

Shares of BAH opened at $79.48 on Monday. The stock has a fifty day moving average price of $78.89 and a two-hundred day moving average price of $82.88. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.78 and a current ratio of 1.78. Booz Allen Hamilton has a 52-week low of $68.83 and a 52-week high of $120.04. The company has a market cap of $9.52 billion, a price-to-earnings ratio of 11.54, a PEG ratio of 4.52 and a beta of 0.32.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.46. The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $2.87 billion. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The business’s revenue for the quarter was down 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.61 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Analysts predict that Booz Allen Hamilton will post 6.26 EPS for the current fiscal year.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.