ICF International, Inc. (NASDAQ:ICFI) Plans Quarterly Dividend of $0.14

ICF International, Inc. (NASDAQ:ICFI) declared a quarterly dividend on Thursday, November 5th. Investors of record on Friday, December 4th will be paid a dividend of $0.14 per share by the business services provider on Friday, January 8th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, December 4th.

ICF International has a payout ratio of 7.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect ICF International to earn $7.78 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 7.2%.

ICF International Price Performance

Shares of ICFI opened at $95.38 on Friday. The company has a market cap of $1.71 billion, a P/E ratio of 19.75 and a beta of 0.45. ICF International has a fifty-two week low of $58.83 and a fifty-two week high of $100.63. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.39. The firm’s 50 day moving average price is $88.49 and its 200 day moving average price is $79.08.

ICF International (NASDAQ:ICFI) last posted its quarterly earnings results on Thursday, November 5th. The business services provider reported $1.98 EPS for the quarter, topping the consensus estimate of $1.92 by $0.06. ICF International had a net margin of 4.86% and a return on equity of 11.53%. The business had revenue of $470.50 million during the quarter, compared to the consensus estimate of $490.83 million. During the same quarter in the previous year, the firm posted $1.67 earnings per share. The company’s quarterly revenue was up 1.1% compared to the same quarter last year. On average, research analysts forecast that ICF International will post 7.07 earnings per share for the current fiscal year.

ICF International Company Profile

ICF International, Inc is a global consulting and technology services company that helps government agencies, businesses and nonprofit organizations address complex policy, management and operational challenges. The company combines research, advisory services, data analytics, technology implementation and strategic communications to support clients from program design through execution and evaluation.

ICF’s work spans energy and climate, environment, transportation, public health, health care, community development, disaster recovery, workforce programs and public-sector modernization.