Dividend Growth of Oshkosh Corporation(OSK)

Oshkosh Corporation(OSK) is having a Dividend Yield of 1.21% with the Annual cash Dividend per share of $0.76. The last quarter cash dividend per share pay out was $0.21. Oshkosh Corporation has a 5 year average dividend yield of 0.92% and the stock has a Indicated annual dividend of $0.84. Oshkosh Corporation(OSK) formally announced its most recent dividend on January 26, 2017 with a Dividend per share of $0.21. The new indicated annual dividend based on announced dividend per share is $0.84. The dividend yield based on the forward looking indicated annual dividend is 1.21%. Oshkosh Corporation(OSK) has the most recent dividend payout ratio of 0.26 with a 5-year average payout ratio of 0.14. The Ex-Dividend amount last paid was $0.21 on February 9, 2017. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.12. The 5 year historical dividend growth of Oshkosh Corporation(OSK) is at the rate of 11.81% while the R-Squared dividend growth is 0.91. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Oshkosh Corporation (NYSE:OSK) witnessed a decline in the market cap on Thursday as its shares dropped 1.66% or 1.15 points. After the session commenced at $69.22, the stock reached the higher end at $69.74 while it hit a low of $67.88. With the volume soaring to 819,640 shares, the last trade was called at $68.27. The company has a 52-week high of $74.16. The company has a market cap of $5,094 million and there are 74,611,447 shares in outstanding. The 52-week low of the share price is $31.95. Shares of Oshkosh Corporation appreciated by 1.37% during the last five trading days but lost 0.24% on a 4-week basis. Oshkosh Corporation is up 2.02% in the last 3-month period. Year-to-Date the stock performance stands at 6%.

Currently the company Insiders own 2% of Oshkosh Corporation shares according to the proxy statements. Institutional Investors own 94.6% of Oshkosh Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -26.46%. Company has reported several Insider transactions to the SEC, on Feb 16, 2017, Wilson R Jones (President and CEO) sold 35,000 shares at 69.00 per share price.On Dec 1, 2016, Craig P Omtvedt (director) sold 2,300 shares at 70.00 per share price.On Nov 28, 2016, Marek W. May (Senior VP, Operations) sold 9,616 shares at 69.74 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Jan 27, 2017 to Outperform, Raises Price Target to $ 79 from a previous price target of $74 .Oshkosh Corp was Downgraded by JP Morgan to Neutral on Dec 9, 2016. Oshkosh Corp was Downgraded by Longbow to Neutral on Dec 6, 2016.

Oshkosh Corp Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.14. Analyst had a consensus of $0.12. The company had revenue of $1211.40 million for the quarter, compared to analysts expectations of $1185.55 million. The companys revenue was down -3.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.19 EPS.

Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh, JLG, Pierce, McNeilus, Medtec, Jerr-Dan, BAI, Oshkosh Specialty Vehicles, Frontline, SMIT, Geesink, Norba, Kiggen, Con-E-Co, London and IMT. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount.


Share this post

Leave a Reply