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NEWPORT NEWS - Ferguson Enterprises Inc. (NYSE:FERG; LSE:FERG), a $44.37 billion market cap company, announced Thursday that its board of directors has declared a quarterly dividend of $0.83 per share, representing a 1.48% yield at current prices.
The dividend will be paid on November 7, 2025, to shareholders of record as of September 26, 2025, which is also the ex-dividend date, according to a press release from the company.
Ferguson has established a currency election deadline of October 10, 2025, for Depositary Interest holders.
The company advised shareholders against initiating cross-border movements of shares between September 24 and September 26, 2025, as such transfers may affect dividend receipt if not completed by the record date.
Ferguson, headquartered in Newport News, Virginia, is a distributor serving the North American construction market with products ranging from plumbing and HVAC to appliances, lighting, and water solutions. The company reported sales of $29.6 billion for fiscal year 2024 and employs approximately 35,000 associates across nearly 1,800 locations.
The International Securities Identification Number (ISIN) for Ferguson shares is US31488V1070.
In other recent news, Ferguson Enterprises Inc. announced a dividend exchange rate for holders of depositary interests. These holders will receive their dividend in British pounds at an exchange rate of 1.3404 GBP/USD for the $0.83 per share dividend. In addition, Ferguson reported 5% organic growth in its third-quarter fiscal 2025 results for the November-January period. Notably, pricing trends have stabilized, turning flat after six consecutive quarters of deflation. In a related development, Goldman Sachs initiated coverage on Ferguson with a buy rating and set a price target of $280.00. The investment bank highlighted improved pricing trends and execution as key factors for its positive outlook on the company. These developments reflect ongoing strategic and financial activities at Ferguson.
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