ICF International, Inc. (NASDAQ:ICFI) Stock to Pay Quarterly Dividend of $0.14

ICF International, Inc. (NASDAQ:ICFI) announced a quarterly dividend on Thursday, November 5th. Stockholders of record on Friday, December 4th will be given a dividend of $0.14 per share by the business services provider on Friday, January 8th. This represents a $0.56 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, December 4th.

ICF International has a dividend payout ratio of 7.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect ICF International to earn $7.78 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 7.2%.

ICF International Stock Performance

Shares of ICFI opened at $95.38 on Friday. The company’s 50 day simple moving average is $88.49 and its 200-day simple moving average is $79.08. The firm has a market cap of $1.71 billion, a PE ratio of 19.75 and a beta of 0.45. ICF International has a 12-month low of $58.83 and a 12-month high of $100.63. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39.

ICF International (NASDAQ:ICFI) last released its quarterly earnings results on Thursday, November 5th. The business services provider reported $1.98 EPS for the quarter, beating the consensus estimate of $1.92 by $0.06. ICF International had a net margin of 4.86% and a return on equity of 11.53%. The firm had revenue of $470.50 million during the quarter, compared to the consensus estimate of $490.83 million. During the same quarter in the prior year, the firm earned $1.67 EPS. ICF International’s revenue for the quarter was up 1.1% on a year-over-year basis. As a group, equities analysts predict that ICF International will post 7.07 EPS for the current year.

ICF International Company Profile

ICF International, Inc is a global consulting and technology services company that helps government agencies, businesses and nonprofit organizations address complex policy, management and operational challenges. The company combines research, advisory services, data analytics, technology implementation and strategic communications to support clients from program design through execution and evaluation.

ICF’s work spans energy and climate, environment, transportation, public health, health care, community development, disaster recovery, workforce programs and public-sector modernization.