Masco Corporation (MAS) To Go Ex-Dividend on August 24th

Masco Corporation (NYSE:MAS) declared a quarterly dividend on Wednesday, August 12th. Investors of record on Monday, August 24th will be paid a dividend of 0.32 per share by the construction company on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Monday, August 24th.

Masco has raised its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 12 consecutive years. Masco has a payout ratio of 31.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Masco to earn $4.63 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 27.6%.

Masco Stock Up 0.1%

NYSE MAS opened at $73.39 on Friday. The business has a fifty day moving average price of $76.80 and a 200 day moving average price of $71.00. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.22 and a current ratio of 1.86. The company has a market cap of $14.47 billion, a P/E ratio of 16.87, a P/E/G ratio of 1.86 and a beta of 1.30. Masco has a one year low of $58.16 and a one year high of $83.64.

Masco (NYSE:MAS) last released its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.32. The company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $2.08 billion. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. Masco’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.30 EPS. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Research analysts anticipate that Masco will post 4.52 EPS for the current fiscal year.

Masco announced that its Board of Directors has initiated a share buyback program on Thursday, May 7th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the construction company to reacquire up to 2.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

About Masco

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.