Apogee Enterprises, Inc. (APOG) to Distribute Quarterly Dividend of $0.27 on July 29th

Apogee Enterprises, Inc. (NASDAQ:APOG) declared a quarterly dividend on Thursday, June 25th. Shareholders of record on Tuesday, July 14th will be given a dividend of 0.27 per share by the industrial products company on Wednesday, July 29th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, July 14th.

Apogee Enterprises has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 14 years. Apogee Enterprises has a payout ratio of 26.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Apogee Enterprises to earn $3.70 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 29.2%.

Apogee Enterprises Price Performance

Shares of Apogee Enterprises stock opened at $48.92 on Friday. The business has a 50 day moving average of $37.63 and a 200 day moving average of $37.28. Apogee Enterprises has a 52 week low of $30.75 and a 52 week high of $50.88. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.45. The company has a market cap of $1.04 billion, a PE ratio of 19.41, a P/E/G ratio of 1.23 and a beta of 1.18.

Apogee Enterprises (NASDAQ:APOG) last announced its earnings results on Friday, June 26th. The industrial products company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.14. The firm had revenue of $342.68 million for the quarter, compared to analyst estimates of $333.84 million. Apogee Enterprises had a net margin of 3.85% and a return on equity of 14.89%. The company’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.13) EPS. Apogee Enterprises has set its FY 2027 guidance at 2.700-3.250 EPS. As a group, equities research analysts forecast that Apogee Enterprises will post 2.88 earnings per share for the current year.

Apogee Enterprises News Roundup

Here are the key news stories impacting Apogee Enterprises this week:

• Positive Sentiment: Apogee posted adjusted EPS of $0.57, well above the $0.43 consensus estimate, while revenue of $342.68 million also topped forecasts. Apogee Enterprises Reports Fiscal 2027 First Quarter Results
• Positive Sentiment: The company swung to profitability versus a loss in the same quarter last year, signaling improved operating performance. Apogee Enterprises Stock Jumps on Swing to 1Q Profit
• Positive Sentiment: Apogee raised its FY2027 outlook, guiding EPS to $2.70-$3.25 and revenue to roughly $1.38 billion-$1.43 billion, which supports the view that momentum may continue. Apogee outlines FY2027 sales of $1.38B-$1.43B while adding Kalwall at ~$85M revenue run-rate
• Neutral Sentiment: The board also declared a quarterly cash dividend of $0.27 per share, reinforcing shareholder returns but not likely the main driver of the stock move. Apogee Enterprises Declares Quarterly Cash Dividend
• Neutral Sentiment: Revenue was still down 1.1% year over year, so investors may be watching for stronger top-line growth in coming quarters. Apogee Enterprises (APOG) Beats Q1 Earnings and Revenue Estimates

About Apogee Enterprises

Apogee Enterprises, Inc is a diversified manufacturer and distributor of value-added architectural products and services. The company specializes in the design, fabrication and installation of high-performance glass, framing systems, curtain walls, skylights and other building envelope solutions. Its operations span three primary platforms—Architectural Framing Systems, Architectural Glass and Architectural Services—enabling Apogee to deliver complete, integrated façade systems for new construction, renovation and retrofit projects.

Headquartered in Minneapolis, Minnesota, Apogee traces its roots to the mid-20th century and today serves commercial, institutional and residential markets across North America and Europe.