Federal Signal Corporation (NYSE:FSS – Get Free Report) declared a quarterly dividend on Friday, February 27th. Investors of record on Friday, March 13th will be given a dividend of 0.15 per share by the conglomerate on Thursday, March 26th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Friday, March 13th. This is a 7.1% increase from Federal Signal’s previous quarterly dividend of $0.14.
Federal Signal has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. Federal Signal has a dividend payout ratio of 14.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Federal Signal to earn $3.76 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 16.0%.
Federal Signal Price Performance
Shares of NYSE:FSS traded up $2.18 during trading on Wednesday, hitting $110.66. 224,306 shares of the company’s stock were exchanged, compared to its average volume of 410,615. The business’s 50-day simple moving average is $114.60 and its 200 day simple moving average is $116.45. The company has a market cap of $6.74 billion, a price-to-earnings ratio of 27.65, a PEG ratio of 1.62 and a beta of 1.32. Federal Signal has a 52-week low of $66.47 and a 52-week high of $132.89. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.02 and a quick ratio of 1.35.
About Federal Signal
Federal Signal Corporation (NYSE: FSS), headquartered in Oak Brook, Illinois, is a diversified industrial company that designs, manufactures and markets a broad range of products and services for municipal, commercial and industrial customers worldwide. Founded in 1901 in Chicago, the company has grown through a combination of organic investment and strategic acquisitions to become a leading provider of environmental management and safety and security solutions.
Federal Signal operates through two primary business segments.
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