Dividend Growth of Triumph Group, Inc.(TGI)

Triumph Group(TGI) is having a Dividend Yield of 0.59% with the Annual cash Dividend per share of $0.16. The last quarter cash dividend per share pay out was $0.04. Triumph Group has a 5 year average dividend yield of 0.31% and the stock has a Indicated annual dividend of $0.16. Triumph Group(TGI) formally announced its most recent dividend on November 22, 2016 with a Dividend per share of $0.04. The new indicated annual dividend based on announced dividend per share is $0.16. The dividend yield based on the forward looking indicated annual dividend is 0.59%. Triumph Group(TGI) has the most recent dividend payout ratio of 0.04 with a 5-year average payout ratio of 0.03. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.01.

Triumph Group, Inc. (NYSE:TGI) witnessed a decline in the market cap on Thursday as its shares dropped 1.29% or 0.35 points. After the session commenced at $27.15, the stock reached the higher end at $27.2 while it hit a low of $26.4. With the volume soaring to 595,334 shares, the last trade was called at $26.8. The company has a 52-week high of $40.09. The company has a market cap of $1,329 million and there are 49,573,029 shares in outstanding. The 52-week low of the share price is $22.4. Triumph Group, Inc. has dropped 3.42% in the last five trading days, however, the shares have posted positive gains of 5.72% in the last 4 weeks. Triumph Group, Inc. has dropped 5.99% during the last 3-month period . Year-to-Date the stock performance stands at 1.13%.

Currently the company Insiders own 2.5% of Triumph Group, Inc. shares according to the proxy statements. Institutional Investors own 98.78% of Triumph Group, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of 16.97%. Company has reported several Insider transactions to the SEC, on Nov 9, 2016, Daniel J Crowley (CEO) purchased 50,000 shares at 25.56 per share price.On Nov 8, 2016, Thomas K Holzthum (EVP, Integrated Systems) purchased 10,000 shares at 25.50 per share price.On Nov 8, 2016, Richard Lovely (SVP, Human Resources) purchased 2,000 shares at 25.12 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Triumph Group Inc was Downgraded by BofA/Merrill to Underperform on Feb 6, 2017. Triumph Group Inc was Initiated by SunTrust to Hold on Jan 19, 2017. Triumph Group Inc was Initiated by RBC Capital Mkts on Jan 12, 2017 to Outperform, Price Target of the shares are set at $35.

Triumph Group Inc Last issued its quarterly earnings results on Feb 2, 2017. The company reported $1.01 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $1.04. The company had revenue of $844.90 million for the quarter, compared to analysts expectations of $855.70 million. The companys revenue was down -7.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.39 EPS.

Triumph Group Inc. designs, engineers, manufactures, repairs and overhauls aircraft components. The company serves a broad, worldwide spectrum of the aviation industry, including commercial airlines and air cargo carriers, as well as original equipment manufacturers of aircraft and aircraft components. The company also distributes, processes and fabricates metal products.


Share this post

Leave a Reply