Arcosa, Inc. (NYSE:ACA) Declares Quarterly Dividend of $0.05

Arcosa, Inc. (NYSE:ACA) declared a quarterly dividend on Tuesday, February 24th. Shareholders of record on Wednesday, April 15th will be given a dividend of 0.05 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Wednesday, April 15th.

Arcosa has a payout ratio of 4.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect Arcosa to earn $4.56 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 4.4%.

Arcosa Price Performance

Shares of NYSE:ACA traded up $1.60 during midday trading on Wednesday, hitting $126.52. The company had a trading volume of 158,358 shares, compared to its average volume of 213,578. The stock has a market cap of $6.20 billion, a price-to-earnings ratio of 41.89, a price-to-earnings-growth ratio of 1.65 and a beta of 1.00. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.30. Arcosa has a twelve month low of $68.11 and a twelve month high of $131.00. The business’s 50-day simple moving average is $115.71 and its 200-day simple moving average is $104.39.

Arcosa Company Profile

Arcosa, Inc (NYSE: ACA) is a Dallas‐based industrial company that was formed through the spin‐off of Trinity Industries’ construction products business in 2018. Since its inception, Arcosa has focused on the manufacture and sale of critical infrastructure components, serving a diverse set of end markets including transportation, construction and energy.

The company’s Construction Products segment produces a broad range of highway safety products, such as guardrail systems, sign supports and crash cushions, as well as aggregates and ready‐mix concrete.