Federal Signal Co. Declares Quarterly Dividend of $0.12 (NYSE:FSS)

Federal Signal Co. (NYSE:FSS) announced a quarterly dividend on Tuesday, April 23rd, Zacks reports. Stockholders of record on Friday, May 17th will be paid a dividend of 0.12 per share by the conglomerate on Friday, May 31st. This represents a $0.48 annualized dividend and a dividend yield of 0.57%. The ex-dividend date of this dividend is Thursday, May 16th.

Federal Signal has increased its dividend by an average of 6.8% annually over the last three years and has increased its dividend every year for the last 2 years. Federal Signal has a dividend payout ratio of 14.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Federal Signal to earn $3.30 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 14.5%.

Federal Signal Trading Up 0.1 %

Shares of FSS stock traded up $0.12 on Wednesday, hitting $83.88. The company had a trading volume of 15,127 shares, compared to its average volume of 343,648. The firm has a market cap of $5.12 billion, a P/E ratio of 32.59 and a beta of 1.03. The stock’s 50-day moving average is $81.92 and its two-hundred day moving average is $74.43. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.36 and a current ratio of 2.91. Federal Signal has a twelve month low of $49.82 and a twelve month high of $88.47.

Federal Signal (NYSE:FSS) last announced its quarterly earnings results on Tuesday, February 27th. The conglomerate reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.07. The business had revenue of $448.40 million for the quarter, compared to analyst estimates of $422.45 million. Federal Signal had a return on equity of 16.88% and a net margin of 9.14%. The company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.57 earnings per share. On average, equities research analysts anticipate that Federal Signal will post 2.99 earnings per share for the current fiscal year.

Federal Signal Company Profile

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.