VSE Corporation (NASDAQ:VSEC) Declares Quarterly Dividend of $0.10

VSE Corporation (NASDAQ:VSEC) declared a quarterly dividend on Wednesday, November 19th. Investors of record on Thursday, January 15th will be given a dividend of 0.10 per share by the construction company on Thursday, January 29th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date is Thursday, January 15th.

VSE has raised its dividend payment by an average of 0.0%per year over the last three years. VSE has a payout ratio of 8.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect VSE to earn $4.55 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 8.8%.

VSE Stock Performance

VSE stock traded up $6.32 during mid-day trading on Wednesday, reaching $169.39. The company had a trading volume of 295,626 shares, compared to its average volume of 250,036. The company has a quick ratio of 1.44, a current ratio of 3.94 and a debt-to-equity ratio of 0.35. The firm has a market cap of $3.90 billion, a price-to-earnings ratio of 249.11, a PEG ratio of 2.67 and a beta of 1.39. The company has a 50 day moving average of $168.54 and a 200-day moving average of $150.57. VSE has a 52 week low of $88.69 and a 52 week high of $186.00.

VSE (NASDAQ:VSEC) last announced its quarterly earnings data on Monday, October 27th. The construction company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.15. VSE had a net margin of 1.23% and a return on equity of 7.64%. The business had revenue of $282.91 million during the quarter, compared to analyst estimates of $276.48 million. The business’s quarterly revenue was up 38.9% compared to the same quarter last year. VSE has set its FY 2025 guidance at EPS. On average, sell-side analysts expect that VSE will post 2.96 EPS for the current fiscal year.

About VSE

VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through two segments, Aviation and Fleet. The Aviation segment provides aftermarket parts supply and distribution; maintenance, repair, and overhaul services for components and engine accessories supporting commercial, business, and general aviation operators.