Eagle Materials declares quarterly dividend of $0.25 per share

Published 06/08/2025, 21:26
Eagle Materials declares quarterly dividend of $0.25 per share

DALLAS - Eagle Materials Inc. (NYSE:EXP) announced Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.25 per share, to be paid on October 16, 2025, to stockholders of record at the close of business on September 15, 2025. According to InvestingPro data, the company has maintained dividend payments for 22 consecutive years, with a current yield of 0.44%.

Eagle Materials is a U.S. manufacturer of heavy construction products and light building materials, with Portland Cement and Gypsum Wallboard as its primary products. The $7.15 billion market cap company operates through a network of more than 70 facilities across 21 states, generating annual revenues of $2.29 billion. InvestingPro analysis indicates strong financial health with a current ratio of 2.73, suggesting robust liquidity management.

The dividend announcement comes as part of the company’s regular quarterly distribution to shareholders. Eagle Materials, headquartered in Dallas, Texas, focuses on producing materials essential for infrastructure and building construction projects throughout America.

The information was provided in a company press release statement.

In other recent news, Eagle Materials reported impressive financial results for the first quarter of fiscal 2026. The company achieved revenue of $635 million, surpassing the consensus forecast of $612 million. Earnings per share also exceeded expectations, reaching $3.76 compared to the anticipated $3.73. Despite challenges such as weather and housing market headwinds, the company managed to deliver a strong performance. Analysts have responded positively, with Stifel raising its price target for Eagle Materials to $246 while maintaining a Hold rating. Similarly, Loop Capital increased its price target to $245 from $230, also maintaining a Hold rating. The analysts attributed the strong quarterly results to better-than-expected performance in wallboard, which helped offset weaker cement earnings. These developments reflect a positive outlook from analyst firms regarding the company’s recent performance.

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