Masco Corporation (MAS) To Go Ex-Dividend on May 22nd

Masco Corporation (NYSE:MASGet Free Report) announced a quarterly dividend on Monday, May 11th. Shareholders of record on Friday, May 22nd will be given a dividend of 0.32 per share by the construction company on Monday, June 8th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Friday, May 22nd.

Masco has raised its dividend payment by an average of 0.2%per year over the last three years and has raised its dividend every year for the last 12 years. Masco has a dividend payout ratio of 31.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Masco to earn $4.68 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 27.4%.

Masco Trading Down 1.6%

MAS opened at $64.46 on Wednesday. Masco has a fifty-two week low of $58.16 and a fifty-two week high of $79.19. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. The firm has a market capitalization of $13.00 billion, a price-to-earnings ratio of 16.00, a PEG ratio of 1.61 and a beta of 1.34. The company’s 50 day moving average price is $65.00 and its two-hundred day moving average price is $66.17.

Masco (NYSE:MASGet Free Report) last posted its earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.16. Masco had a net margin of 10.90% and a return on equity of 815.20%. The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period in the previous year, the firm posted $0.87 EPS. The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, research analysts predict that Masco will post 4.25 earnings per share for the current year.

Masco Company Profile

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Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door‐bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company’s product offerings are organized into two primary segments.

See Also

Dividend History for Masco (NYSE:MAS)

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