Polaris Inc. (NYSE:PII) Announces $0.68 Quarterly Dividend

Polaris Inc. (NYSE:PII – Get Free Report) announced a quarterly dividend on Thursday, July 30th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.68 per share on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Tuesday, September 1st.

Polaris has increased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 30 consecutive years. Polaris has a dividend payout ratio of 1,088.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Polaris to earn $3.26 per share next year, which means the company should continue to be able to cover its $2.72 annual dividend with an expected future payout ratio of 83.4%.

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Polaris Price Performance

NYSE:PII opened at $68.25 on Friday. The stock has a market capitalization of $3.88 billion, a PE ratio of -14.74 and a beta of 1.25. Polaris has a 1-year low of $47.14 and a 1-year high of $77.98. The firm has a fifty day simple moving average of $69.22 and a 200 day simple moving average of $64.21. The company has a current ratio of 1.20, a quick ratio of 0.48 and a debt-to-equity ratio of 2.28.

Polaris (NYSE:PII – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $1.21. Polaris had a negative net margin of 3.50% and a positive return on equity of 16.77%. The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period in the prior year, the firm posted ($1.39) earnings per share. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. On average, research analysts expect that Polaris will post 1.66 EPS for the current fiscal year.

Polaris Company Profile

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Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.

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