Ryanair Holdings PLC (RYAAY) To Go Ex-Dividend on August 7th

Ryanair Holdings PLC (NASDAQ:RYAAY) declared a special dividend on Friday, July 24th. Shareholders of record on Friday, August 7th will be paid a dividend of 0.4434 per share by the transportation company on Monday, September 28th. The ex-dividend date of this dividend is Friday, August 7th.

Ryanair has a payout ratio of 21.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Ryanair to earn $4.71 per share next year, which means the company should continue to be able to cover its $1.02 annual dividend with an expected future payout ratio of 21.7%.

Ryanair Stock Performance

Shares of RYAAY stock opened at $60.53 on Wednesday. Ryanair has a fifty-two week low of $53.14 and a fifty-two week high of $74.24. The stock’s fifty day moving average price is $61.30 and its two-hundred day moving average price is $61.99. The company has a market cap of $31.45 billion, a PE ratio of 14.55, a P/E/G ratio of 1.89 and a beta of 1.16.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Friday, July 17th. The transportation company reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.18). Ryanair had a return on equity of 21.23% and a net margin of 12.14%.The business had revenue of $5 billion for the quarter, compared to the consensus estimate of $5.06 billion. On average, equities analysts predict that Ryanair will post 3.95 EPS for the current fiscal year.

Ryanair Company Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.