Terex Corporation (TEX) To Go Ex-Dividend on June 8th

Terex Corporation (NYSE:TEX) declared a quarterly dividend on Friday, May 22nd. Stockholders of record on Monday, June 8th will be paid a dividend of 0.17 per share by the industrial products company on Monday, June 22nd. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, June 8th.

Terex has raised its dividend payment by an average of 0.4%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Terex has a dividend payout ratio of 12.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Terex to earn $5.84 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 11.6%.

Terex Stock Performance

Shares of TEX opened at $60.35 on Friday. The company’s fifty day moving average is $60.58 and its 200-day moving average is $58.76. Terex has a 12 month low of $41.70 and a 12 month high of $71.50. The firm has a market cap of $6.89 billion, a price-to-earnings ratio of 28.87, a price-to-earnings-growth ratio of 0.98 and a beta of 1.53. The company has a quick ratio of 0.88, a current ratio of 1.84 and a debt-to-equity ratio of 0.57.

Terex (NYSE:TEX) last posted its quarterly earnings data on Friday, May 1st. The industrial products company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.20. The business had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $1.70 billion. Terex had a net margin of 1.87% and a return on equity of 13.43%. Terex’s quarterly revenue was up 41.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.83 EPS. Terex has set its FY 2026 guidance at 4.500-5.000 EPS. Equities analysts expect that Terex will post 4.87 EPS for the current fiscal year.

About Terex

Terex Corporation is a global manufacturer of lifting and material-handling plant and equipment, serving a range of industries that includes construction, infrastructure, energy, manufacturing and shipping logistics. Its product portfolio encompasses aerial work platforms, rough terrain and tower cranes, port and cargo handling equipment, material processing machinery and utility products. These offerings are marketed under well-known brands such as Genie®, Terex® AWP, Terex® Cranes, Demag®, and Powerscreen®, and are designed to meet diverse application requirements from building sites to industrial facilities and ports.

Headquartered in Westport, Connecticut, Terex traces its roots back to 1933 and has grown through strategic acquisitions and organic expansion.