EMCOR Group, Inc. (NYSE:EME) will begin trading ex-dividend on October 15, 2020. The quarterly dividend payment of $ 0.08 per share is scheduled to be paid on October 30, 2020. The dividend yield based on the latest trading day closing price was 0.44 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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EMCOR Group, Inc. recently reported second quarter financial results on August 3, 2020, before market open, the Norwalk based company recorded income for the second quarter of $ 1.44 per share, from the revenue of $ 2,014.00 million. The quarterly earnings decreased 3.36 percent while revenues shrunk 13.35 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.89 per share from $ 2046.18 million in revenue. The bottom line results beat street analysts by $ 0.55 or 61.80 percent, at the same time, top line results fell short of analysts by $ 32.18 million or 1.57 percent.
Stock Performance
Shares of EMCOR Group, Inc. traded low $ -1.62 or -2.20 percent on Tuesday, reaching $ 71.99 with volume of 152.00 thousand shares. EMCOR Group, Inc. has traded high as $ 73.20 and has cracked $ 71.91 on the downward trend
According to the previous trading day, closing price of $ 71.99, representing a 75.89 % increase from the 52 week low of $ 41.85 and a 21.31 % decrease over the 52 week high of $ 93.54.
The company has a market capital of $ 3.95 billion and is part of the Industrials sector and Engineering & Construction industry.
EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services in the United States. The company designs, integrates, installs, starts-up, operates, and maintains electric power transmission and distribution systems; premises electrical and lighting systems; process instrumentation in the refining, chemical and food processing, and mining industries; low-voltage, voice and data communications, fire protection, water and wastewater treatment, controls and filtration, central plant heating and cooling, plumbing, process, and piping systems; roadway and transit lighting, and fiber-optic lines; and heating, ventilation, air conditioning, refrigeration, and clean-room process ventilation systems, as well as offers crane, rigging, and millwright; and steel fabrication, erection, and welding services.
