Aramark (ARMK) to Issue Quarterly Dividend of $0.12 on June 3rd

Aramark (NYSE:ARMK) declared a quarterly dividend on Wednesday, May 6th. Investors of record on Wednesday, May 20th will be given a dividend of 0.12 per share on Wednesday, June 3rd. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, May 20th.

Aramark has decreased 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 1 consecutive years. Aramark has a dividend payout ratio of 21.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Aramark to earn $2.65 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 18.1%.

Aramark Stock Performance

NYSE:ARMK opened at $53.08 on Monday. The firm’s 50-day moving average is $43.35 and its 200-day moving average is $40.19. The company has a market cap of $13.96 billion, a price-to-earnings ratio of 39.61, a PEG ratio of 1.12 and a beta of 1.08. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.07 and a current ratio of 1.21. Aramark has a 52-week low of $35.07 and a 52-week high of $53.57.

Aramark (NYSE:ARMK) last released its earnings results on Tuesday, May 12th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. Aramark had a net margin of 1.84% and a return on equity of 17.05%. The business had revenue of $4.91 billion during the quarter, compared to analysts’ expectations of $4.75 billion. During the same quarter last year, the company earned $0.35 earnings per share. The firm’s revenue was up 14.7% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Equities research analysts anticipate that Aramark will post 2.24 earnings per share for the current year.

Institutional Investors Weigh In On Aramark

A number of hedge funds have recently added to or reduced their stakes in the stock. Activest Wealth Management acquired a new stake in Aramark in the 4th quarter valued at about $27,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Aramark during the third quarter valued at approximately $28,000. Cedar Mountain Advisors LLC acquired a new stake in shares of Aramark in the first quarter valued at approximately $32,000. Kestra Advisory Services LLC bought a new position in Aramark in the 4th quarter worth approximately $32,000. Finally, Quarry LP bought a new position in Aramark in the 3rd quarter worth approximately $35,000.

Aramark Company Profile

Aramark (NYSE: ARMK) is a global provider of food services, facilities management and uniform solutions, serving clients across a wide array of industries including education, healthcare, business and government. The company operates through three primary segments: Food and Support Services, Uniform and Career Apparel, and Facility Services, delivering integrated solutions designed to enhance guest experiences, improve operational efficiencies and maintain safe, clean environments. Aramark’s offerings include corporate dining, patient and senior nutrition, campus dining, sports and entertainment concessions, custodial services, technical maintenance and industrial laundry.

Founded in 1959 and headquartered in Philadelphia, Pennsylvania, Aramark has expanded its footprint to more than 20 countries, with a strong presence in North America, Latin America, Europe and Asia.