American Eagle Outfitters, Inc. (NYSE:AEO) Declares Quarterly Dividend of $0.13

American Eagle Outfitters, Inc. (NYSE:AEO) announced a quarterly dividend on Tuesday, June 9th. Investors of record on Friday, July 10th will be given a dividend of 0.125 per share by the apparel retailer on Friday, July 24th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date is Friday, July 10th.

American Eagle Outfitters has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 2 consecutive years. American Eagle Outfitters has a dividend payout ratio of 38.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect American Eagle Outfitters to earn $1.90 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 26.3%.

American Eagle Outfitters Stock Up 1.6%

AEO stock opened at $17.58 on Wednesday. The stock has a market capitalization of $2.95 billion, a P/E ratio of 10.85, a price-to-earnings-growth ratio of 3.78 and a beta of 1.33. The company has a current ratio of 1.55, a quick ratio of 0.53 and a debt-to-equity ratio of 0.05. American Eagle Outfitters has a 12 month low of $9.27 and a 12 month high of $28.46. The firm has a 50-day moving average price of $17.14 and a 200-day moving average price of $21.06.

American Eagle Outfitters (NYSE:AEO) last posted its earnings results on Thursday, May 28th. The apparel retailer reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.18 billion. American Eagle Outfitters had a net margin of 5.01% and a return on equity of 20.95%. The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.29) earnings per share. As a group, equities research analysts anticipate that American Eagle Outfitters will post 1.76 EPS for the current fiscal year.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc (NYSE: AEO) is a leading American specialty retailer offering apparel, accessories and personal care products for men and women. The company’s flagship brand, American Eagle, focuses on casualwear including denim, tops, outerwear and accessories targeted primarily at teens and young adults. In addition to its core apparel lines, the company operates the Aerie brand of intimates, loungewear and swimwear, which has gained recognition for its body-positive marketing and inclusive sizing.

American Eagle Outfitters conducts business through a combination of over 900 brick-and-mortar stores in North America and Greater China, complemented by a growing e-commerce platform that serves customers around the globe.