ARC Document Solutions, Inc. (NYSE:ARC – Get Free Report) declared a quarterly dividend on Monday, February 26th, Wall Street Journal reports. Shareholders of record on Tuesday, April 30th will be given a dividend of 0.05 per share by the business services provider on Friday, May 31st. This represents a $0.20 annualized dividend and a yield of 7.29%. The ex-dividend date of this dividend is Monday, April 29th.
ARC Document Solutions has raised its dividend by an average of 115.4% annually over the last three years. ARC Document Solutions has a payout ratio of 62.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect ARC Document Solutions to earn $0.32 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 62.5%.
ARC Document Solutions Price Performance
Shares of ARC Document Solutions stock opened at $2.75 on Friday. The stock has a market cap of $118.50 million, a price-to-earnings ratio of 15.25, a price-to-earnings-growth ratio of 0.88 and a beta of 1.22. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.40 and a current ratio of 1.53. The stock has a 50 day moving average price of $2.67 and a 200-day moving average price of $2.84. ARC Document Solutions has a one year low of $2.56 and a one year high of $3.68.
Wall Street Analysts Forecast Growth
Separately, TheStreet lowered ARC Document Solutions from a “b-” rating to a “c” rating in a research report on Thursday, February 29th.
Get Our Latest Analysis on ARC
ARC Document Solutions Company Profile
ARC Document Solutions, Inc, a digital printing company, provides digital printing and document-related services in the United States. It provides managed print services, that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; and cloud-based document management software and other digital hosting services.
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