Concrete Pumping Declares Quarterly Dividend of $0.13 per Share
Concrete Pumping Holdings (NASDAQ: BBCP) has declared a quarterly dividend of $0.13 per share, consistent with its previous payout. The forward yield is currently estimated at 5.75%. The dividend will be payable on October 2 to shareholders of record as of September 18, with an ex-dividend date also set for September 18. The company reported GAAP earnings per share (EPS) of $0.09 in line with expectations and revenue of $116.8 million that exceeded forecasts by $7.14 million. Concrete Pumping has forecasted full-year revenue between $425 million and $435 million, while also initiating the new quarterly dividend as part of its capital return strategy.
Topics: dividends earnings report revenue forecast