American Eagle Outfitters (AEO) to Issue Quarterly Dividend of $0.14
American Eagle Outfitters (NYSE:AEO) declared a quarterly dividend on Thursday, December 6th, RTT News reports. Investors of record on Friday, December 14th will be paid a dividend of 0.1375 per share by the apparel retailer on Friday, December 28th. This represents a $0.55 annualized dividend and a yield of 2.90%. The ex-dividend date is Thursday, December 13th.
American Eagle Outfitters has a dividend payout ratio of 36.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect American Eagle Outfitters to earn $1.63 per share next year, which means the company should continue to be able to cover its $0.55 annual dividend with an expected future payout ratio of 33.7%.
Shares of AEO stock opened at $18.96 on Friday. The company has a market cap of $3.51 billion, a P/E ratio of 16.34, a P/E/G ratio of 1.38 and a beta of 0.78. American Eagle Outfitters has a twelve month low of $16.14 and a twelve month high of $29.88.
American Eagle Outfitters Company Profile
American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle Outfitters and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women.
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