Federal Signal Corporation (NYSE:FSS) to Issue Quarterly Dividend of $0.15

Federal Signal Corporation (NYSE:FSS) declared a quarterly dividend on Tuesday, April 21st. Investors of record on Friday, May 15th will be paid a dividend of 0.15 per share by the conglomerate on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, May 15th.

Federal Signal has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 3 consecutive years. Federal Signal has a payout ratio of 14.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Federal Signal to earn $5.36 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 11.2%.

Federal Signal Stock Down 1.4%

Shares of NYSE:FSS opened at $113.66 on Wednesday. The stock has a market cap of $6.92 billion, a price-to-earnings ratio of 28.34, a PEG ratio of 1.75 and a beta of 1.33. The company has a quick ratio of 1.35, a current ratio of 3.02 and a debt-to-equity ratio of 0.41. Federal Signal has a 12-month low of $72.62 and a 12-month high of $132.89. The business’s 50 day moving average is $112.68 and its 200 day moving average is $113.57.

Federal Signal (NYSE:FSS) last announced its earnings results on Wednesday, February 25th. The conglomerate reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.08. The company had revenue of $597.10 million for the quarter, compared to analysts’ expectations of $551.36 million. Federal Signal had a return on equity of 20.14% and a net margin of 11.31%.Federal Signal’s quarterly revenue was up 26.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.87 earnings per share. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. On average, sell-side analysts forecast that Federal Signal will post 4.71 earnings per share for the current fiscal year.

Institutional Trading of Federal Signal

Several hedge funds have recently made changes to their positions in the company. New Age Alpha Advisors LLC raised its stake in shares of Federal Signal by 3.4% in the fourth quarter. New Age Alpha Advisors LLC now owns 2,895 shares of the conglomerate’s stock valued at $314,000 after buying an additional 95 shares during the period. Archer Investment Corp raised its stake in shares of Federal Signal by 5.7% in the third quarter. Archer Investment Corp now owns 1,842 shares of the conglomerate’s stock valued at $219,000 after buying an additional 99 shares during the period. KLP Kapitalforvaltning AS raised its stake in shares of Federal Signal by 0.8% in the third quarter. KLP Kapitalforvaltning AS now owns 12,700 shares of the conglomerate’s stock valued at $1,511,000 after buying an additional 100 shares during the period. CoreCap Advisors LLC raised its stake in shares of Federal Signal by 50.0% in the third quarter. CoreCap Advisors LLC now owns 300 shares of the conglomerate’s stock valued at $36,000 after buying an additional 100 shares during the period. Finally, Canada Pension Plan Investment Board raised its stake in shares of Federal Signal by 10.0% in the second quarter. Canada Pension Plan Investment Board now owns 1,100 shares of the conglomerate’s stock valued at $117,000 after buying an additional 100 shares during the period. 92.73% of the stock is currently owned by institutional investors.

About Federal Signal

Federal Signal Corporation (NYSE: FSS), headquartered in Oak Brook, Illinois, is a diversified industrial company that designs, manufactures and markets a broad range of products and services for municipal, commercial and industrial customers worldwide. Founded in 1901 in Chicago, the company has grown through a combination of organic investment and strategic acquisitions to become a leading provider of environmental management and safety and security solutions.

Federal Signal operates through two primary business segments.