North American Construction Group Ltd. (NYSE:NOA) Plans Quarterly Dividend of C$0.12

North American Construction Group Ltd. (NYSE:NOA) (TSE:NOA) declared a quarterly dividend on Wednesday, August 12th. Investors of record on Friday, August 28th will be paid a dividend of 0.12 per share by the oil and gas company on Friday, October 2nd. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, August 28th.

North American Construction Group has raised its dividend by an average of 0.2%annually over the last three years and has increased its dividend annually for the last 3 consecutive years. North American Construction Group has a dividend payout ratio of 12.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect North American Construction Group to earn $2.25 per share next year, which means the company should continue to be able to cover its $0.34 annual dividend with an expected future payout ratio of 15.1%.

North American Construction Group Trading Up 0.1%

North American Construction Group stock opened at $15.32 on Thursday. North American Construction Group has a 52 week low of $12.07 and a 52 week high of $17.26. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.90 and a current ratio of 1.11. The firm has a market capitalization of $427.12 million, a PE ratio of 19.39 and a beta of 1.06. The business’s 50-day simple moving average is $13.67 and its 200-day simple moving average is $14.41.

North American Construction Group Company Profile

North American Construction Group Ltd (NYSE: NOA) is a Canadian industrial company headquartered in Edmonton, Alberta, that specializes in providing integrated heavy construction equipment solutions. Through its two core segments—Sales and Rentals—the company offers a comprehensive portfolio of new and used off-highway trucks, wheel loaders, hydraulic excavators, dozers and motor graders, along with aftermarket parts and maintenance services.

In its Sales division, North American Construction Group partners with leading global equipment manufacturers to distribute and support a broad range of heavy machinery across multiple industries.