Aecon Group Inc. Plans Quarterly Dividend of $0.19 (TSE:ARE)

Aecon Group Inc. (TSE:ARE) announced a quarterly dividend on Tuesday, September 22nd. Investors of record on Friday, October 2nd will be paid a dividend of 0.1925 per share on Friday, October 2nd. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 22nd.

Aecon Group Stock Up 1.4%

Shares of Aecon Group stock opened at C$47.20 on Friday. The business has a 50-day moving average price of C$46.70 and a 200 day moving average price of C$45.88. Aecon Group has a fifty-two week low of C$22.28 and a fifty-two week high of C$57.72. The firm has a market cap of C$3.23 billion, a P/E ratio of -49.68, a P/E/G ratio of 18.18 and a beta of 1.39. The company has a quick ratio of 1.27, a current ratio of 1.08 and a debt-to-equity ratio of 84.23.

Aecon Group (TSE:ARE) last released its earnings results on Thursday, July 30th. The company reported C$0.33 EPS for the quarter. The company had revenue of C$1.63 billion for the quarter. Aecon Group had a negative return on equity of 6.76% and a negative net margin of 1.10%. On average, sell-side analysts forecast that Aecon Group will post 1.3793321 earnings per share for the current fiscal year.

About Aecon Group

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. Aecon generates the majority of its revenue from the Construction segment.