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

Arcosa, Inc. (NYSE:ACA) announced a quarterly dividend on Tuesday, February 25th, RTT News reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.05 per share on Wednesday, April 30th. This represents a $0.20 dividend on an annualized basis and a yield of 0.22%.

Arcosa has a dividend payout ratio of 3.7% indicating that its dividend is sufficiently covered by earnings. Equities 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 Stock Performance

Arcosa stock traded up $0.84 during trading hours on Tuesday, hitting $92.99. The stock had a trading volume of 229,778 shares, compared to its average volume of 239,297. The company has a 50-day moving average of $98.75 and a two-hundred day moving average of $96.90. The company has a quick ratio of 2.77, a current ratio of 3.61 and a debt-to-equity ratio of 0.51. Arcosa has a fifty-two week low of $72.75 and a fifty-two week high of $113.43. The company has a market cap of $4.54 billion, a PE ratio of 35.36 and a beta of 0.76.

Analyst Ratings Changes

Several research analysts recently commented on ACA shares. Barclays assumed coverage on Arcosa in a research report on Tuesday, October 29th. They issued an “overweight” rating and a $106.00 target price for the company. Oppenheimer raised their price objective on shares of Arcosa from $105.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, January 14th.

Arcosa Company Profile

Arcosa, Inc, together with its subsidiaries, provides infrastructure-related products and solutions for the construction, engineered structures, and transportation markets in the United States. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products.