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The American industrial group Apogee Enterprises Inc. (ISIN: US0375981091, NASDAQ: APOG) announces a quarterly dividend of 0.22 US dollars per share. The dividend will be paid out on May 25, 2022 (record date: May 10, 2022).
Projected for the full year, Apogee pays a total dividend of $0.88. At the current share price of $47.89 (as of April 21, 2022), this equates to a current dividend yield of 1.84 percent.
Apogee Enterprises was founded in 1949 as a glass company in Minneapolis, Minnesota. The Group offers glass solutions for the building industry. In 1971 the company went public. For the fourth quarter of fiscal 2022, revenue was $327.96 million, up from $308.61 million in the prior year, as reported on April 7, 2022. The bottom line was a loss of $16.27 million, up from a loss of $42.37 million a year earlier.
The stock has been down 0.54 percent on Wall Street since the beginning of 2022 and currently has a market capitalization of $1.22 billion (as of April 21, 2022).
Saskia Haaker, Editor at MyDividends.de
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