Federal Signal Co. (NYSE:FSS) Plans $0.12 Quarterly Dividend

Federal Signal Co. (NYSE:FSS - Get Free Report) announced a quarterly dividend on Tuesday, October 22nd, RTT News reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.12 per share by the conglomerate on Monday, December 2nd. This represents a $0.48 annualized dividend and a dividend yield of 0.56%.

Federal Signal has raised its dividend payment by an average of 6.8% annually over the last three years. Federal Signal has a payout ratio of 13.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Federal Signal to earn $3.64 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 13.2%.

Federal Signal Stock Performance

Shares of Federal Signal stock traded down $2.90 during trading hours on Tuesday, reaching $84.97. The company's stock had a trading volume of 432,284 shares, compared to its average volume of 340,824. Federal Signal has a one year low of $57.05 and a one year high of $102.18. The company's 50 day simple moving average is $90.92 and its 200 day simple moving average is $88.64. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.35 and a current ratio of 2.89. The stock has a market cap of $5.20 billion, a P/E ratio of 25.83 and a beta of 0.93.

Federal Signal (NYSE:FSS - Get Free Report) last posted its earnings results on Thursday, July 25th. The conglomerate reported $0.95 EPS for the quarter, beating the consensus estimate of $0.84 by $0.11. Federal Signal had a return on equity of 18.31% and a net margin of 11.16%. The company had revenue of $490.40 million during the quarter, compared to analyst estimates of $487.74 million. During the same period in the prior year, the company earned $0.67 earnings per share. The business's revenue was up 10.8% compared to the same quarter last year. As a group, analysts expect that Federal Signal will post 3.24 EPS for the current fiscal year.

Insider Buying and Selling at Federal Signal

In related news, Director Brenda Reichelderfer sold 25,685 shares of the stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $92.99, for a total value of $2,388,448.15. Following the completion of the transaction, the director now directly owns 57,417 shares of the company's stock, valued at $5,339,206.83. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.10% of the stock is owned by company insiders.

About Federal Signal

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.