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The Brink’s Company Announces Quarterly Dividend of $0.10 (BCO)

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The Brink's Company logoThe Brink’s Company (NYSE:BCO) announced a quarterly dividend on Friday, July 12th, Stock Ratings Network reports. Investors of record on Wednesday, July 24th will be paid a dividend of $0.10 per share on Tuesday, September 3rd. This represents a $0.40 annualized dividend and a dividend yield of 1.49%.

A number of analysts have recently weighed in on BCO shares. Analysts at Zacks upgraded shares of The Brink’s Company from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, July 1st. They now have a $26.10 price target on the stock. On the ratings front, analysts at TheStreet downgraded shares of The Brink’s Company from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, May 7th. Finally, analysts at Imperial Capital initiated coverage on shares of The Brink’s Company in a research note to investors on Thursday, May 2nd. They set an “outperform” rating and a $31.00 price target on the stock.

Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $28.55.

Shares of The Brink’s Company (NYSE: BCO) opened at 26.88 on Monday. The Brink’s Company has a one year low of $21.70 and a one year high of $30.75. The stock’s 50-day moving average is currently $26.55. The company has a market cap of $1.289 billion and a P/E ratio of 23.64.

The Brink’s Company (NYSE: BCO) last released its earnings data on Thursday, April 25th. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.30 by $0.05. The company had revenue of $977.00 million for the quarter, compared to the consensus estimate of $966.55 million. During the same quarter last year, the company posted $0.58 earnings per share. The Brink’s Company’s revenue was up 3.9% compared to the same quarter last year. Analysts expect that The Brink’s Company will post $1.87 EPS for the current fiscal year.

The Brink’s Company (NYSE: BCO) is a provider of secure logistics and security solutions services to banks and financial institutions, retailers, government agencies, mints, jewelers and other commercial operations around the world.


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