Leonardo DRS, Inc. to Issue Quarterly Dividend of $0.09 (NASDAQ:DRS)

Leonardo DRS, Inc. (NASDAQ:DRS) declared a quarterly dividend on Tuesday, May 5th. Investors of record on Tuesday, May 19th will be paid a dividend of 0.09 per share on Tuesday, June 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, May 19th.

Leonardo DRS has a payout ratio of 28.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Leonardo DRS to earn $1.41 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 25.5%.

Leonardo DRS Stock Performance

Shares of NASDAQ DRS opened at $39.70 on Wednesday. The business has a fifty day simple moving average of $44.56 and a 200 day simple moving average of $39.75. Leonardo DRS has a one year low of $32.43 and a one year high of $49.31. The firm has a market capitalization of $10.56 billion, a price-to-earnings ratio of 38.54, a PEG ratio of 2.95 and a beta of 0.29. The company has a current ratio of 1.89, a quick ratio of 1.60 and a debt-to-equity ratio of 0.12.

Leonardo DRS (NASDAQ:DRS) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.05. Leonardo DRS had a return on equity of 11.68% and a net margin of 7.62%.The firm had revenue of $846.00 million for the quarter, compared to analysts’ expectations of $825.05 million. During the same period in the prior year, the business posted $0.20 earnings per share. The business’s revenue was up 5.9% compared to the same quarter last year. Leonardo DRS has set its FY 2026 guidance at 1.260-1.300 EPS. Sell-side analysts expect that Leonardo DRS will post 1.27 EPS for the current year.

About Leonardo DRS

Leonardo DRS is a U.S.-based defense technology company and wholly owned subsidiary of Italy’s Leonardo S.p.A. The firm specializes in developing and integrating mission-critical systems for military and government customers, with a primary focus on command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR). Its core offerings encompass advanced sensors, targeting systems, radars and electronic warfare solutions designed to enhance situational awareness and operational effectiveness across land, sea and air domains.

The company’s portfolio includes naval combat management systems, unmanned vehicle sensors, power generation and distribution equipment, and training and simulation solutions.