Kaman Co. (NYSE:KAMN) announced a quarterly dividend on Wednesday, June 9th, Zacks reports. Shareholders of record on Tuesday, June 22nd will be given a dividend of 0.20 per share by the industrial products company on Thursday, July 8th. This represents a $0.80 annualized dividend and a yield of 1.46%. The ex-dividend date of this dividend is Monday, June 21st.
Shares of NYSE KAMN traded down $0.60 during trading on Friday, reaching $54.68. 84,247 shares of the stock were exchanged, compared to its average volume of 135,696. The company has a market cap of $1.52 billion, a P/E ratio of -24.52 and a beta of 1.35. The business’s 50-day moving average price is $53.25. The company has a quick ratio of 2.25, a current ratio of 3.49 and a debt-to-equity ratio of 0.24. Kaman has a twelve month low of $37.38 and a twelve month high of $59.79.
Kaman (NYSE:KAMN) last posted its quarterly earnings results on Tuesday, May 4th. The industrial products company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.10. The firm had revenue of $171.60 million for the quarter, compared to analysts’ expectations of $167.90 million. Kaman had a negative net margin of 8.29% and a positive return on equity of 6.30%. The firm’s quarterly revenue was down 17.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.48 earnings per share. Equities analysts anticipate that Kaman will post 1.84 earnings per share for the current year.
Kaman Company Profile
Kaman Corporation, together with its subsidiaries, operates in the aerospace, medical, and industrial markets. The company produces and markets aircraft bearings and components; super precision miniature ball bearings; spring energized seals, springs, and contacts; and metallic and composite aero structures for commercial, military, and general aviation fixed and rotary wing aircrafts.
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