Atco Ltd. (TSE:ACO – Get Free Report) announced a quarterly dividend on Thursday, July 11th, Zacks reports. Investors of record on Thursday, September 5th will be given a dividend of 0.49 per share on Monday, September 30th. This represents a $1.96 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Thursday, September 5th.
Atco Price Performance
Atco (TSE:ACO – Get Free Report) last released its earnings results on Friday, August 2nd. The company reported C$0.86 EPS for the quarter, topping analysts’ consensus estimates of C$0.82 by C$0.04. The company had revenue of C$1.11 billion during the quarter.
Analysts Set New Price Targets
Separately, Scotiabank cut shares of Atco from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 13th.
Atco Company Profile
Atlas Copco AB, together with its subsidiaries, provides productivity solutions. The company operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments. It offers piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-free centrifugal compressors, gas and process compressors, air and gas treatment equipment, and medical air solutions primarily for use in the manufacturing and process industries.
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