From MarketBeat: VSE Co. to Issue Quarterly Dividend of $0.10 (NASDAQ:VSEC)

From MarketBeat:



VSE Co. has declared a quarterly dividend, representing a $0.40 annualized dividend and a yield of 0.63%. The company has increased its dividend at an average rate of 5.6% per year over the last three years and has a payout ratio of 10.9%. Analysts expect the company to be able to cover its dividend moving forward. VSE stock traded down to $63.56 on the news. The company also released its quarterly earnings data, beating estimates and reporting a net margin of 3.50%. Institutional investors have recently made changes to their positions in VSE, and several analysts have commented on the company, with a consensus rating of “Moderate Buy” and an average target price of $72.40. VSE Corporation operates as a diversified aftermarket products and services company in the United States. The company operates through three segments: Aviation, Fleet, and Federal and Defense. Interested investors are being directed to view the latest report on VSE and to consider other top-rated stocks beyond VSE.



Original: VSE Co. to Issue Quarterly Dividend of $0.10 (NASDAQ:VSEC)