Brink’s Company (The) (NYSE:BCO – Get Free Report) declared a quarterly dividend on Friday, July 10th. Stockholders of record on Monday, July 27th will be given a dividend of 0.255 per share by the business services provider on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, July 27th.
Brink’s has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 5 years. Brink’s has a dividend payout ratio of 11.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Brink’s to earn $10.16 per share next year, which means the company should continue to be able to cover its $1.02 annual dividend with an expected future payout ratio of 10.0%.
Brink’s Price Performance
Shares of Brink’s stock opened at $121.98 on Friday. The business has a 50 day moving average of $104.57 and a 200 day moving average of $111.94. Brink’s has a 52 week low of $84.99 and a 52 week high of $136.37. The company has a market cap of $5.02 billion, a PE ratio of 28.50 and a beta of 1.06. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 9.75.
About Brink’s
The Brink’s Company (NYSE: BCO) is a global leader in secure logistics and cash management solutions. The company provides a comprehensive suite of services that span armored transportation, cash-in-transit (CIT), ATM services, smart safe solutions, and valuables storage. Through its network of service centers and armored vehicles, Brink’s ensures the safe and efficient movement of currency, precious metals, and other high-value assets for banks, retailers, mints, and government agencies.
Brink’s armored transport operations are complemented by technology-driven cash management offerings, including deposit automation and secure vaulting.
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