Wabtec (WAB) to Distribute Quarterly Dividend of $0.31 on September 1st

Wabtec (NYSE:WAB) declared a quarterly dividend on Wednesday, July 15th. Investors of record on Tuesday, August 18th will be given a dividend of 0.31 per share by the transportation company on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, August 18th.

Wabtec has increased its dividend payment by an average of 0.2%per year over the last three years and has raised its dividend annually for the last 4 consecutive years. Wabtec has a payout ratio of 12.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Wabtec to earn $12.22 per share next year, which means the company should continue to be able to cover its $1.24 annual dividend with an expected future payout ratio of 10.1%.

Wabtec Stock Performance

NYSE WAB opened at $263.58 on Friday. The business’s 50-day moving average price is $264.37 and its 200 day moving average price is $252.77. The company has a current ratio of 1.02, a quick ratio of 0.54 and a debt-to-equity ratio of 0.42. Wabtec has a twelve month low of $184.26 and a twelve month high of $284.91. The company has a market capitalization of $44.72 billion, a PE ratio of 37.28, a price-to-earnings-growth ratio of 1.85 and a beta of 0.94.

Wabtec (NYSE:WAB) last posted its quarterly earnings results on Wednesday, April 22nd. The transportation company reported $2.71 EPS for the quarter, beating the consensus estimate of $2.62 by $0.09. The company had revenue of $2.95 billion during the quarter, compared to analysts’ expectations of $3.08 billion. Wabtec had a return on equity of 14.52% and a net margin of 10.52%.The firm’s revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.28 EPS. Wabtec has set its FY 2026 guidance at 10.250-10.650 EPS. On average, research analysts predict that Wabtec will post 10.64 earnings per share for the current year.

Wabtec Company Profile

Wabtec Corporation (Westinghouse Air Brake Technologies Corporation) is a global provider of equipment, systems and services for the rail industry. The company supplies products and solutions to freight railroads, transit agencies and other industrial operators, focusing on technologies that improve the performance, safety and efficiency of locomotives and rail networks. Wabtec’s business spans new equipment manufacturing, aftermarket parts and services, and digital and control systems for rail operations.

Product and service offerings include locomotive systems and components, braking and air systems, propulsion and traction equipment, signaling and control technologies, and a range of aftermarket services such as maintenance, remanufacturing, parts distribution and fleet modernization.