Fluor Corp. Announces Quarterly Dividend of $0.21 (FLR)
Fluor Corp. (NYSE:FLR) declared a quarterly dividend on Thursday, February 6th, Stock Ratings News reports. Shareholders of record on Tuesday, March 4th will be given a dividend of 0.21 per share on Wednesday, April 2nd. This represents a $0.84 dividend on an annualized basis and a yield of 1.10%.
A number of research firms have recently commented on FLR. Analysts at Canaccord Genuity upgraded shares of Fluor Corp. from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, January 22nd. On the ratings front, analysts at Jefferies Group raised their price target on shares of Fluor Corp. from $86.00 to $90.00 in a research note to investors on Tuesday, January 14th. Finally, analysts at Stephens initiated coverage on shares of Fluor Corp. in a research note to investors on Thursday, December 19th. They set an “equal weight” rating on the stock. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $82.83.
Shares of Fluor Corp. (NYSE:FLR) traded up 1.56% during mid-day trading on Thursday, hitting $76.03. 854,273 shares of the company’s stock traded hands. Fluor Corp. has a one year low of $53.50 and a one year high of $83.93. The stock has a 50-day moving average of $78.79 and a 200-day moving average of $73.02. The company has a market cap of $12.420 billion and a P/E ratio of 24.80.
Fluor Corporation (NYSE:FLR) is a holding company.
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