Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) Declares $0.13 Quarterly Dividend

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) announced a quarterly dividend on Thursday, September 3rd. Shareholders of record on Friday, September 18th will be paid a dividend of 0.13 per share on Friday, October 2nd. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Friday, September 18th.

Concrete Pumping Price Performance

NASDAQ BBCP opened at $9.05 on Friday. The company has a quick ratio of 1.61, a current ratio of 1.73 and a debt-to-equity ratio of 1.59. The firm has a market capitalization of $456.03 million, a P/E ratio of 64.64 and a beta of 0.86. Concrete Pumping has a 52 week low of $5.55 and a 52 week high of $12.19. The company has a 50-day moving average price of $10.12 and a 200-day moving average price of $8.67.

Concrete Pumping (NASDAQ:BBCP) last released its earnings results on Thursday, September 3rd. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.01. Concrete Pumping had a return on equity of 3.47% and a net margin of 2.23%.The company had revenue of $116.77 million for the quarter, compared to the consensus estimate of $110.19 million. Equities research analysts anticipate that Concrete Pumping will post 0.17 earnings per share for the current year.

Concrete Pumping Company Profile

Concrete Pumping Holdings, Inc (NASDAQ: BBCP) is a specialized provider of concrete placing and pumping solutions for commercial, residential and infrastructure construction projects. Through its network of regional operating subsidiaries, the company offers boom pumps, line pumps and volumetric concrete mixers, enabling contractors to efficiently deliver and place concrete on jobsites of varying scale and complexity. Concrete Pumping’s services are designed to streamline the concrete placement process, reduce project timelines and improve overall jobsite safety.

Since its formation through a series of strategic acquisitions beginning in 2020, Concrete Pumping Holdings has focused on consolidating regional operators under a unified platform.