Polaris Inc. (NYSE:PII) to Issue Quarterly Dividend of $0.68

Polaris Inc. (NYSE:PIIGet Free Report) announced a quarterly dividend on Thursday, January 29th. Investors of record on Monday, March 2nd will be paid a dividend of 0.68 per share on Monday, March 16th. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Monday, March 2nd. This is a 1.5% increase from Polaris’s previous quarterly dividend of $0.67.

Polaris has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 30 consecutive years. Polaris has a dividend payout ratio of 1,072.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Polaris to earn $2.86 per share next year, which means the company should continue to be able to cover its $2.68 annual dividend with an expected future payout ratio of 93.7%.

Polaris Stock Performance

NYSE PII traded down $0.48 during trading on Friday, reaching $64.20. 56,955 shares of the company’s stock were exchanged, compared to its average volume of 937,909. The business has a 50 day moving average price of $67.69 and a 200-day moving average price of $61.94. The stock has a market capitalization of $3.61 billion, a P/E ratio of -7.87, a PEG ratio of 2.11 and a beta of 1.14. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.98 and a quick ratio of 0.36. Polaris has a fifty-two week low of $30.92 and a fifty-two week high of $75.25.

Polaris (NYSE:PIIGet Free Report) last released its quarterly earnings data on Tuesday, January 27th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period last year, the firm posted $0.92 earnings per share. The business’s revenue was up 9.5% on a year-over-year basis. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. Sell-side analysts forecast that Polaris will post 1.11 earnings per share for the current fiscal year.

Polaris Company Profile

(Get Free Report)

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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Dividend History for Polaris (NYSE:PII)

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