Sustaining Growth Momentum: Apogee Enterprises Continues to Excel and Reports Rising Profits

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By the close of today, July 27, 2023, Apogee Enterprises APOG will issue a dividend payout of $0.24 per share, resulting in an annualized dividend yield of 2.20%. Only those investors who owned the stock prior to the ex-dividend date on July 11, 2023 will receive this payout.

Apogee Enterprises Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-07-11 4 $0.24 2.2% 2023-06-22 2023-07-12 2023-07-27
2023-05-08 4 $0.24 2.18% 2023-04-20 2023-05-09 2023-05-24
2023-01-30 4 $0.24 2.08% 2023-01-12 2023-01-31 2023-02-15
2022-10-24 4 $0.22 2.08% 2022-10-06 2022-10-25 2022-11-09
2022-07-11 4 $0.22 2.32% 2022-06-23 2022-07-12 2022-07-27
2022-05-09 4 $0.22 1.79% 2022-04-21 2022-05-10 2022-05-25
2022-01-28 4 $0.22 1.86% 2022-01-12 2022-01-31 2022-02-15
2021-10-25 4 $0.2 2.16% 2021-10-07 2021-10-26 2021-11-10
2021-07-13 4 $0.2 2.11% 2021-06-24 2021-07-14 2021-07-29
2021-05-07 4 $0.2 2.3% 2021-04-21 2021-05-10 2021-05-25
2021-01-29 4 $0.2 2.22% 2021-01-13 2021-02-01 2021-02-16
2020-10-23 4 $0.19 3.23% 2020-10-07 2020-10-26 2020-11-10

With a dividend yield that places it neither at the top nor the bottom, Apogee Enterprises finds itself in the middle among its industry peers, while Caesarstone CSTE boasts the highest annualized dividend yield at 6.47%.

Analyzing Apogee Enterprises Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

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YoY Growth in Dividend Per Share

As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $0.70 in 2019 to $0.88 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.

YoY Earnings Growth For Apogee Enterprises

From 2019 to 2022, Apogee Enterprises has demonstrated an upward trend in earnings, with earnings per share rising from $2.72 to $4.04. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.

Recap

In this article, we explore the recent dividend payout of Apogee Enterprises and its significance for shareholders. The company has decided to distribute a dividend of $0.24 per share today, which equates to an annualized dividend yield of 2.20%.

With a dividend yield that places it neither at the top nor the bottom, Apogee Enterprises finds itself in the middle among its industry peers, while Caesarstone boasts the highest annualized dividend yield at 6.47%.

The increase in both dividend per share and earnings per share from 2019 to 2022 for Apogee Enterprises indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.

Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.

[See current stock movements Apogee Enterprises on Benzinga.](https://www.benzinga.com/quote/Apogee Enterprises (NASDAQ: APOG))

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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