Jacobs Solutions Inc. (NYSE:J) to Issue Dividend Increase – $0.36 Per Share

Jacobs Solutions Inc. (NYSE:J) announced a quarterly dividend on Thursday, January 29th. Investors of record on Friday, February 20th will be paid a dividend of 0.36 per share on Friday, March 20th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, February 20th. This is a 12.5% increase from Jacobs Solutions’s previous quarterly dividend of $0.32.

Jacobs Solutions has raised its dividend by an average of 0.3%per year over the last three years and has increased its dividend every year for the last 4 years. Jacobs Solutions has a payout ratio of 18.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Jacobs Solutions to earn $6.86 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 18.7%.

Jacobs Solutions Stock Down 1.0%

Jacobs Solutions stock traded down $1.36 during trading hours on Friday, reaching $134.93. The stock had a trading volume of 48,930 shares, compared to its average volume of 655,928. The company has a market cap of $15.93 billion, a price-to-earnings ratio of 55.84, a PEG ratio of 1.48 and a beta of 0.81. The business’s 50 day moving average price is $136.40 and its 200-day moving average price is $144.67. Jacobs Solutions has a 52 week low of $106.23 and a 52 week high of $168.44. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.30 and a quick ratio of 1.30.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.08. The business had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $3.14 billion. Jacobs Solutions had a net margin of 2.41% and a return on equity of 19.14%. The company’s revenue was up 6.6% compared to the same quarter last year. During the same period last year, the business earned $1.37 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Sell-side analysts anticipate that Jacobs Solutions will post 6.05 EPS for the current year.

About Jacobs Solutions

Jacobs Solutions Inc, commonly known as Jacobs, is a global professional services firm that provides technical, engineering, scientific and project delivery expertise across a broad range of industries. Founded in 1947 by Joseph J. Jacobs in Pasadena, California, the company evolved from a regional engineering consultancy into a diversified provider of design, program and construction management, operations and maintenance, and scientific services for complex infrastructure and industrial programs.