Booz Allen Hamilton Holding Corp. (BAH) Plans Quarterly Dividend of $0.11
Booz Allen Hamilton Holding Corp. (NYSE:BAH) declared a quarterly dividend on Wednesday, May 21st, Analyst Ratings Network.com reports. Stockholders of record on Tuesday, June 10th will be given a dividend of 0.11 per share on Monday, June 30th. This represents a $0.44 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend is Friday, June 6th. This is a boost from Booz Allen Hamilton Holding Corp.’s previous quarterly dividend of $0.10.
BAH has been the subject of a number of recent research reports. Analysts at Citigroup Inc. raised their price target on shares of Booz Allen Hamilton Holding Corp. from $19.00 to $22.00 in a research note on Wednesday, April 9th. They now have a “neutral” rating on the stock. Analysts at JPMorgan Chase & Co. initiated coverage on shares of Booz Allen Hamilton Holding Corp. in a research note on Thursday, February 20th. They set an “overweight” rating and a $23.00 price target on the stock. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Booz Allen Hamilton Holding Corp. presently has a consensus rating of “Buy” and a consensus target price of $22.18.
Booz Allen Hamilton Holding Corp. (NYSE:BAH) traded down 9.18% during mid-day trading on Wednesday, hitting $22.17. 2,413,584 shares of the company’s stock traded hands. Booz Allen Hamilton Holding Corp. has a 1-year low of $16.50 and a 1-year high of $25.32. The stock’s 50-day moving average is $23.04 and its 200-day moving average is $20.11. The company has a market cap of $3.203 billion and a P/E ratio of 15.16.
Booz Allen Hamilton Holding Corp. (NYSE:BAH) last announced its earnings results on Wednesday, May 21st. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.31 by $0.02. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the prior year, the company posted $0.40 earnings per share. The company’s quarterly revenue was down 9.4% on a year-over-year basis. On average, analysts predict that Booz Allen Hamilton Holding Corp. will post $1.61 earnings per share for the current fiscal year.
Booz Allen Hamilton Holding Corporation (NYSE:BAH) is a united States-based company that provides of management and technology consulting services to the United States government in the defense, intelligence and civil markets.
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