AZZ Inc. (AZZ) to Issue Quarterly Dividend of $0.24 on November 5th

AZZ Inc. (NYSE:AZZ) announced a quarterly dividend on Thursday, October 8th. Shareholders of record on Monday, October 19th will be paid a dividend of $0.24 per share by the industrial products company on Thursday, November 5th. This represents a $0.96 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, October 19th.

AZZ has a payout ratio of 14.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect AZZ to earn $7.63 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 12.6%.

AZZ Trading Up 0.5%

Shares of NYSE AZZ opened at $137.01 on Friday. AZZ has a fifty-two week low of $94.61 and a fifty-two week high of $162.20. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.39 and a current ratio of 1.92. The company has a market cap of $4.12 billion, a price-to-earnings ratio of 20.89 and a beta of 1.13. The business’s 50 day moving average price is $140.71 and its 200-day moving average price is $141.69.

AZZ (NYSE:AZZ) last announced its quarterly earnings data on Wednesday, July 8th. The industrial products company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.80 by $0.05. The company had revenue of $448.53 million for the quarter, compared to the consensus estimate of $434.58 million. AZZ had a return on equity of 14.18% and a net margin of 11.83%. AZZ’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.78 EPS. On average, sell-side analysts expect that AZZ will post 7.06 earnings per share for the current year.

More AZZ News

Here are the key news stories impacting AZZ this week:

• Positive Sentiment: AZZ declared a quarterly cash dividend of $0.24 per share, payable November 5 to shareholders of record on October 19. The annualized dividend is $0.96 per share, providing a yield of approximately 0.7% and signaling continued shareholder returns. AZZ Inc. Announces Fiscal Year 2027 Second Quarter Cash Dividend
• Neutral Sentiment: AZZ is among the industrial companies highlighted in the current earnings calendar. Its upcoming fiscal second-quarter report is likely to be the next major catalyst, particularly as investors assess demand in its hot-dip galvanizing and coil-coating businesses. Earnings Calendar Full Of Banks, But Watch These Three Reports
• Negative Sentiment: AZZ traded lower ahead of its results and underperformed the broader market in the latest completed session, reflecting investor caution before earnings. One recent analysis argued that, despite strong revenue growth, the stock’s valuation does not yet justify an upgrade; AZZ trades at roughly 21 times earnings. AZZ: Even As Revenue Surges, The Stock Isn’t Priced Right For An Upgrade

AZZ Company Profile

AZZ Inc is a provider of metal coating solutions serving customers primarily in North America. The company operates through its Metal Coatings and Precoat Metals segments, helping protect and enhance the performance, appearance, and durability of steel and other metal products used across a range of industries.

Through its Metal Coatings segment, AZZ provides hot-dip galvanizing, powder coating, anodizing, plating, and related coating services. These treatments are used for corrosion protection and finishing applications involving infrastructure, construction, industrial, transportation, and other metal products.

Precoat Metals provides coil coating services for steel and aluminum products before they are fabricated.