Masco Corporation (MAS) To Go Ex-Dividend on February 20th

Masco Corporation (NYSE:MAS) declared a quarterly dividend on Tuesday, February 10th. Shareholders of record on Friday, February 20th will be paid a dividend of 0.32 per share by the construction company on Monday, March 9th. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, February 20th. This is a 3.2% increase from Masco’s previous quarterly dividend of $0.31.

Masco has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 12 consecutive years. Masco has a dividend payout ratio of 31.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Masco to earn $4.81 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 26.6%.

Masco Trading Down 0.2%

Shares of NYSE MAS opened at $76.07 on Wednesday. The business has a 50 day simple moving average of $68.08 and a 200 day simple moving average of $68.33. Masco has a 52 week low of $56.55 and a 52 week high of $79.19. The stock has a market cap of $15.49 billion, a price-to-earnings ratio of 19.76, a PEG ratio of 2.16 and a beta of 1.28. The company has a debt-to-equity ratio of 38.75, a quick ratio of 1.14 and a current ratio of 1.81.

Masco (NYSE:MAS) last released its quarterly earnings data on Tuesday, February 10th. The construction company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.04. Masco had a net margin of 10.71% and a return on equity of 856.70%. The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.82 billion. During the same quarter in the previous year, the business earned $0.89 EPS. Masco’s quarterly revenue was down 1.9% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, research analysts predict that Masco will post 4.34 earnings per share for the current fiscal year.

Masco declared that its board has approved a share buyback plan on Tuesday, February 10th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the construction company to reacquire up to 13.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Masco Company Profile

Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door‐bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company’s product offerings are organized into two primary segments.