VSE Co. (NASDAQ:VSEC) declared a quarterly dividend on Wednesday, July 29th, Zacks reports. Shareholders of record on Wednesday, November 4th will be paid a dividend of 0.09 per share by the construction company on Wednesday, November 18th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date is Tuesday, November 3rd.
VSE has increased its dividend payment by an average of 70.0% annually over the last three years and has raised its dividend every year for the last 16 years.
Shares of NASDAQ:VSEC traded down $1.17 during midday trading on Friday, reaching $28.52. The company’s stock had a trading volume of 102 shares, compared to its average volume of 24,687. The firm has a market cap of $320.27 million, a price-to-earnings ratio of 290.13 and a beta of 1.82. The business has a 50 day moving average price of $28.86 and a 200 day moving average price of $25.78. VSE has a 1 year low of $13.83 and a 1 year high of $41.14. The company has a quick ratio of 1.02, a current ratio of 2.63 and a debt-to-equity ratio of 0.77.
VSE (NASDAQ:VSEC) last posted its quarterly earnings results on Thursday, April 30th. The construction company reported $0.88 EPS for the quarter. The company had revenue of $177.42 million during the quarter. VSE had a return on equity of 10.21% and a net margin of 0.17%. Sell-side analysts anticipate that VSE will post 1.38 earnings per share for the current fiscal year.
VSEC has been the subject of a number of recent analyst reports. BidaskClub downgraded shares of VSE from a “buy” rating to a “hold” rating in a report on Friday, July 10th. ValuEngine downgraded VSE from a “sell” rating to a “strong sell” rating in a report on Monday, May 18th. SunTrust Banks started coverage on VSE in a report on Wednesday, June 24th. They issued a “buy” rating and a $38.00 target price on the stock. Finally, Benchmark assumed coverage on VSE in a research report on Wednesday, May 27th. They set a “buy” rating and a $36.00 price target for the company.
VSE Company Profile
VSE Corporation operates as a diversified services and supply company in the United States. The company operates in three segments: Supply Chain Management Group, Aviation Group, and Federal Services Group. The Supply Chain Management Group segment offers sourcing, acquisition, scheduling, transportation, shipping, logistics, data management, and other services to assist its clients with supply chain management.
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