KBR, Inc. (NYSE:KBR) to Issue Quarterly Dividend of $0.17

KBR, Inc. (NYSE:KBR) announced a quarterly dividend on Thursday, May 14th. Stockholders of record on Monday, June 15th will be paid a dividend of 0.165 per share by the construction company on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Monday, June 15th.

KBR has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 6 years. KBR has a payout ratio of 15.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect KBR to earn $4.38 per share next year, which means the company should continue to be able to cover its $0.66 annual dividend with an expected future payout ratio of 15.1%.

KBR Trading Up 1.4%

Shares of NYSE KBR opened at $30.91 on Friday. The stock has a market cap of $3.92 billion, a price-to-earnings ratio of 9.88, a PEG ratio of 1.80 and a beta of 0.47. The business has a 50 day simple moving average of $36.53 and a 200 day simple moving average of $40.25. KBR has a 52 week low of $30.42 and a 52 week high of $56.40. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.16 and a current ratio of 1.16.

KBR (NYSE:KBR) last issued its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.04. The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.88 billion. KBR had a net margin of 5.21% and a return on equity of 33.92%. The company’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.01 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, research analysts predict that KBR will post 4 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of KBR. Entropy Technologies LP lifted its position in KBR by 51.5% during the 1st quarter. Entropy Technologies LP now owns 11,252 shares of the construction company’s stock worth $415,000 after acquiring an additional 3,825 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of KBR by 68.5% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 131,860 shares of the construction company’s stock valued at $4,860,000 after purchasing an additional 53,623 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of KBR by 90.7% in the first quarter. Renaissance Technologies LLC now owns 607,400 shares of the construction company’s stock valued at $22,389,000 after purchasing an additional 288,900 shares during the last quarter. Inceptionr LLC bought a new position in shares of KBR in the first quarter worth about $614,000. Finally, Bank of Nova Scotia increased its stake in shares of KBR by 296.5% in the first quarter. Bank of Nova Scotia now owns 140,197 shares of the construction company’s stock worth $5,168,000 after purchasing an additional 104,834 shares during the period. 97.02% of the stock is currently owned by institutional investors and hedge funds.

About KBR

KBR, Inc is a global engineering, procurement, construction and services (EPC&S) company headquartered in Houston, Texas. The firm delivers integrated solutions and technologies across the full project lifecycle for customers in the energy, government, industrial and infrastructure sectors. Its offerings span feasibility studies, front-end engineering design, detailed design, procurement, fabrication, construction, commissioning and operations support.

The company is organized into business segments that include Energy Solutions, which focuses on oil and gas processing, liquefied natural gas (LNG) facilities and petrochemical plants; Government Solutions, providing logistics, sustainment, training and mission support for defense, intelligence and civilian agencies; and Sustainable Technology, delivering chemical process technologies, water treatment and lower-carbon fuels expertise.