Oshkosh Corporation (NYSE:OSK) Announces Quarterly Dividend of $0.57

Oshkosh Corporation (NYSE:OSK – Get Free Report) announced a quarterly dividend on Thursday, October 29th. Investors of record on Monday, November 16th will be paid a dividend of $0.57 per share on Monday, November 30th. This represents a $2.28 annualized dividend and a yield of 1.7%. The ex-dividend date is Monday, November 16th.

Oshkosh has raised its dividend payment by an average of 0.1% per year over the last three years and has increased its dividend annually for the last 13 consecutive years. Oshkosh has a payout ratio of 19.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Oshkosh to earn $13.65 per share next year, which means the company should continue to be able to cover its $2.28 annual dividend with an expected future payout ratio of 16.7%.

Oshkosh Trading Down 2.3%

OSK traded down $3.17 on Thursday, hitting $134.76. The company had a trading volume of 1,672,026 shares, compared to its average volume of 743,816. The firm has a market cap of $8.32 billion, a P/E ratio of 15.42, a PEG ratio of 1.00 and a beta of 1.26. Oshkosh has a 1 year low of $116.77 and a 1 year high of $180.49. The company’s fifty day moving average price is $140.39 and its 200 day moving average price is $146.53. The company has a current ratio of 1.72, a quick ratio of 0.96 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK – Get Free Report) last announced its earnings results on Thursday, October 29th. The company reported $2.41 earnings per share for the quarter, missing the consensus estimate of $3.06 by ($0.65). The company had revenue of $2.84 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period last year, the business earned $3.20 EPS. As a group, equities analysts expect that Oshkosh will post 10.54 earnings per share for the current year.

About Oshkosh

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Oshkosh Corporation (NYSE: OSK) is a manufacturer of specialty vehicles, vehicle bodies and related equipment for commercial, government and industrial customers. The company serves markets that require purpose-built vehicles designed for demanding operating conditions, including defense, emergency response, construction, aviation support and municipal services.

Oshkosh’s product portfolio includes military vehicles and systems, fire apparatus, airport rescue and firefighting vehicles, refuse collection vehicles, concrete mixers, snow and ice removal equipment, and other vocational trucks.

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Dividend History for Oshkosh (NYSE:OSK)

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