Aecon Group Inc. (ARE) to Distribute Quarterly Dividend of $0.19 on October 2nd

Aecon Group Inc. (TSE:ARE) announced a quarterly dividend on Tuesday, September 22nd. Stockholders of record on Friday, October 2nd will be paid a dividend of 0.1925 per share on Friday, October 2nd. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 22nd.

Aecon Group Trading Up 1.4%

ARE opened at C$47.20 on Friday. The firm has a market capitalization of C$3.23 billion, a price-to-earnings ratio of -49.68, a price-to-earnings-growth ratio of 18.18 and a beta of 1.39. The company’s 50 day simple moving average is C$46.70 and its two-hundred day simple moving average is C$45.88. Aecon Group has a 1-year low of C$22.28 and a 1-year high of C$57.72. The company has a debt-to-equity ratio of 84.23, a current ratio of 1.08 and a quick ratio of 1.27.

Aecon Group (TSE:ARE) last posted its quarterly earnings results on Thursday, July 30th. The company reported C$0.33 earnings per share (EPS) for the quarter. Aecon Group had a negative return on equity of 6.76% and a negative net margin of 1.10%.The business had revenue of C$1.63 billion during the quarter. Analysts expect that Aecon Group will post 1.3793321 EPS for the current fiscal year.

Aecon Group Company Profile

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. Aecon generates the majority of its revenue from the Construction segment.