VSE Co. (VSEC) to Issue Quarterly Dividend of $0.08 on November 21st

VSE Co. (NASDAQ:VSEC) announced a quarterly dividend on Tuesday, July 31st, Wall Street Journal reports. Investors of record on Wednesday, November 7th will be given a dividend of 0.08 per share by the construction company on Wednesday, November 21st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date is Tuesday, November 6th.

VSE has raised its dividend by an average of 11.0% per year over the last three years and has increased its dividend annually for the last 14 consecutive years.

NASDAQ VSEC opened at $30.57 on Monday. VSE has a 12 month low of $27.53 and a 12 month high of $56.03. The company has a market capitalization of $332.63 million, a P/E ratio of 10.22 and a beta of 1.65. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.06 and a current ratio of 2.87.

Several equities research analysts have issued reports on VSEC shares. TheStreet downgraded VSE from a “b-” rating to a “c+” rating in a report on Friday, October 19th. BidaskClub raised VSE from a “strong sell” rating to a “sell” rating in a report on Thursday, October 18th. Finally, ValuEngine downgraded VSE from a “hold” rating to a “sell” rating in a report on Thursday, August 2nd.

VSE Company Profile

VSE Corporation operates as a diversified services and supply company in the United States. The company operates through three segments: Supply Chain Management Group, Aviation Group, and Federal Services Group. The Supply Chain Management Group segment offers sourcing, acquisition, scheduling, transportation, shipping, logistics, data management, and other services to assist its clients with supply chain management.

See Also: Initial Public Offering (IPO)

Dividend History for VSE (NASDAQ:VSEC)

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