Jacobs Solutions Inc. Plans Quarterly Dividend of $0.32 (NYSE:J)

Jacobs Solutions Inc. (NYSE:J) declared a quarterly dividend on Tuesday, November 18th. Shareholders of record on Tuesday, December 2nd will be paid a dividend of 0.32 per share on Friday, December 19th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, December 2nd.

Jacobs Solutions has raised its dividend payment by an average of 1.2%per year over the last three years and has raised its dividend every year for the last 4 years. Jacobs Solutions has a payout ratio of 18.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Jacobs Solutions to earn $6.86 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 18.7%.

Jacobs Solutions Trading Up 0.1%

J stock opened at $150.70 on Wednesday. The company has a market capitalization of $18.01 billion, a PE ratio of 37.58, a P/E/G ratio of 1.87 and a beta of 0.83. The firm’s 50-day moving average is $153.56 and its 200 day moving average is $141.82. Jacobs Solutions has a 12 month low of $106.23 and a 12 month high of $168.44. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39.

About Jacobs Solutions

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.