Federal Signal Corporation (NYSE:FSS) Increases Dividend to $0.15 Per Share

Federal Signal Corporation (NYSE:FSS) announced a quarterly dividend on Friday, February 27th. Shareholders of record on Friday, March 13th will be paid a dividend of 0.15 per share by the conglomerate on Thursday, March 26th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Friday, March 13th. This is a 7.1% increase from Federal Signal’s previous quarterly dividend of $0.14.

Federal Signal has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 3 years. Federal Signal has a dividend payout ratio of 14.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Federal Signal to earn $3.76 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 16.0%.

Federal Signal Price Performance

Shares of FSS stock traded up $1.55 during trading hours on Wednesday, hitting $110.03. The stock had a trading volume of 122,929 shares, compared to its average volume of 408,961. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.02 and a quick ratio of 1.35. The stock has a market capitalization of $6.70 billion, a price-to-earnings ratio of 27.40, a PEG ratio of 1.62 and a beta of 1.32. Federal Signal has a one year low of $66.47 and a one year high of $132.89. The stock’s 50-day moving average price is $114.60 and its two-hundred day moving average price is $116.45.

Federal Signal (NYSE:FSS) last released its quarterly earnings results on Wednesday, February 25th. The conglomerate reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.08. Federal Signal had a return on equity of 20.14% and a net margin of 11.31%.The business had revenue of $597.10 million during the quarter, compared to analysts’ expectations of $551.36 million. During the same quarter last year, the business posted $0.87 EPS. The firm’s revenue for the quarter was up 26.5% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. Equities analysts forecast that Federal Signal will post 3.34 EPS for the current year.

About Federal Signal

Federal Signal Corporation (NYSE: FSS), headquartered in Oak Brook, Illinois, is a diversified industrial company that designs, manufactures and markets a broad range of products and services for municipal, commercial and industrial customers worldwide. Founded in 1901 in Chicago, the company has grown through a combination of organic investment and strategic acquisitions to become a leading provider of environmental management and safety and security solutions.

Federal Signal operates through two primary business segments.