Ferrovial SE (NASDAQ:FER) to Issue Dividend Increase – $0.30 Per Share

Ferrovial SE (NASDAQ:FER) declared a — dividend on Thursday, May 15th, Wall Street Journal reports. Stockholders of record on Friday, May 23rd will be given a dividend of 0.3029 per share on Wednesday, June 25th. The ex-dividend date of this dividend is Friday, May 23rd. This is a 727.6% increase from Ferrovial’s previous — dividend of $0.04.

Ferrovial Stock Down 1.9%

FER stock opened at $50.03 on Friday. The company has a 50 day moving average price of $45.88 and a two-hundred day moving average price of $43.44. Ferrovial has a one year low of $37.92 and a one year high of $56.43.

Institutional Investors Weigh In On Ferrovial

An institutional investor recently raised its position in Ferrovial stock. Royal Bank of Canada raised its holdings in Ferrovial SE (NASDAQ:FER) by 2.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,560 shares of the company’s stock after buying an additional 246 shares during the quarter. Royal Bank of Canada’s holdings in Ferrovial were worth $564,000 at the end of the most recent quarter. 22.28% of the stock is currently owned by hedge funds and other institutional investors.

Ferrovial Company Profile

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.