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HomeMarketResultsAmerican Vanguard Co. (NYSE:AVD) Declares Quarterly Dividend of $0.03

American Vanguard Co. (NYSE:AVD) Declares Quarterly Dividend of $0.03


American Vanguard Co. (NYSE:AVDGet Rating) introduced a quarterly dividend on Monday, December twelfth, Zacks reviews. Shareholders of document on Wednesday, December twenty eighth might be paid a dividend of 0.03 per share by the fundamental supplies firm on Wednesday, January eleventh. This represents a $0.12 dividend on an annualized foundation and a yield of 0.54%. The ex-dividend date is Tuesday, December twenty seventh. It is a increase from American Vanguard’s earlier quarterly dividend of $0.03.

American Vanguard has a dividend payout ratio of 9.0% that means its dividend is sufficiently lined by earnings. Equities analysis analysts count on American Vanguard to earn $1.20 per share subsequent yr, which suggests the corporate ought to proceed to have the ability to cowl its $0.12 annual dividend with an anticipated future payout ratio of 10.0%.

American Vanguard Value Efficiency

Shares of NYSE AVD opened at $22.15 on Monday. American Vanguard has a twelve month low of $13.82 and a twelve month excessive of $25.99. The corporate has a present ratio of 1.99, a fast ratio of 1.11 and a debt-to-equity ratio of 0.41. The corporate has a market capitalization of $655.24 million, a price-to-earnings ratio of 23.32 and a beta of 0.93. The agency has a 50-day shifting common of $22.63 and a two-hundred day shifting common of $21.60.

American Vanguard (NYSE:AVDGet Rating) final issued its quarterly earnings outcomes on Tuesday, November eighth. The fundamental supplies firm reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. The corporate had income of $152.12 million in the course of the quarter, in comparison with the consensus estimate of $156.80 million. American Vanguard had a web margin of 4.66% and a return on fairness of seven.55%. As a gaggle, analysts count on that American Vanguard will put up 1.04 earnings per share for the present fiscal yr.

Institutional Buyers Weigh In On American Vanguard

Giant buyers have not too long ago made modifications to their positions within the firm. Captrust Monetary Advisors boosted its stake in American Vanguard by 85.0% within the 1st quarter. Captrust Monetary Advisors now owns 1,417 shares of the fundamental supplies firm’s inventory price $29,000 after buying a further 651 shares in the course of the interval. Tower Analysis Capital LLC TRC lifted its holdings in shares of American Vanguard by 1,034.9% within the third quarter. Tower Analysis Capital LLC TRC now owns 3,314 shares of the fundamental supplies firm’s inventory valued at $62,000 after buying a further 3,022 shares within the final quarter. Quantbot Applied sciences LP acquired a brand new stake in shares of American Vanguard within the first quarter price $80,000. Public Staff Retirement System of Ohio grew its holdings in shares of American Vanguard by 345.2% in the course of the third quarter. Public Staff Retirement System of Ohio now owns 4,594 shares of the fundamental supplies firm’s inventory valued at $86,000 after shopping for a further 3,562 shares within the final quarter. Lastly, UBS Group AG acquired a brand new place in American Vanguard in the course of the third quarter valued at $97,000. Institutional buyers and hedge funds personal 81.45% of the corporate’s inventory.

Analyst Rankings Adjustments

Individually, StockNews.com initiated protection on American Vanguard in a analysis word on Wednesday, October twelfth. They set a “strong-buy” ranking for the corporate.

American Vanguard Firm Profile

(Get Rating)

American Vanguard Company, by its subsidiaries, develops, manufactures, and markets specialty chemical substances for agricultural, business, and shopper makes use of in the US and internationally. It manufactures and formulates chemical substances, together with pesticides, fungicides, herbicides, molluscicides, soil well being, plant vitamin, progress regulators, and soil fumigants in liquid, powder, and granular types for crops, turf and decorative crops, and human and animal well being safety.

Featured Tales

Dividend History for American Vanguard (NYSE:AVD)

This prompt information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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