AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Ferguson Enterprises Announces $0.83 Dividend Per Share with GBP Exchange Rate
ByAinvest
Friday, Jul 18, 2025 5:25 am ET1min read
Ferguson Enterprises Inc. (FERG) has announced a dividend of $0.83 per share payable on August 6, 2025, to shareholders on record by June 20, 2025. Holders of Depositary Interests will receive dividends in GBP at a rate of 1.3404 GBP/USD. This aligns with Ferguson's strategy to deliver value to investors, with a market capitalization of $44.70 billion and substantial institutional ownership.
Ferguson Enterprises Inc. (FERG) has announced a dividend of $0.83 per share, payable on August 6, 2025, to shareholders on record by June 20, 2025. This dividend aligns with the company's strategy to deliver value to investors, with a market capitalization of $44.70 billion and substantial institutional ownership.Holders of Depositary Interests will receive dividends in British pounds (GBP) at an exchange rate of 1.3404 GBP/USD. This decision reflects the company's commitment to providing flexibility and consideration for its international investor base.
The dividend, declared on May 29, 2025, underscores Ferguson's financial health and commitment to shareholder value. The company's dividend yield stands at 1.53%, with a 5.06% growth over the last twelve months [4].
Ferguson Enterprises is listed on both the New York Stock Exchange (NYSE) and the London Stock Exchange (LSE). The company's strong third-quarter fiscal 2025 results, which included a 5% organic growth and a notable expansion in gross margins, further support its financial performance [4].
Analysts have responded to the dividend announcement with a mix of ratings. Goldman Sachs initiated coverage with a buy rating and a price target of $280.00, while Morgan Stanley increased its price target to $220.00, maintaining an Overweight rating. Berenberg downgraded the stock to Hold, UBS raised its price target to $204, and RBC Capital increased its price target to $231, reflecting a range of perspectives on Ferguson's financial performance and market position [4].
References:
[1] https://finance.yahoo.com/news/ferguson-enterprises-inc-notice-dividend-104500565.html
[2] https://www.businesswire.com/news/home/20250717642516/en/Ferguson-Enterprises-Inc.-Notice-of-Dividend-Currency-Exchange-Rate
[3] https://www.gurufocus.com/news/2983503/ferguson-enterprises-inc-announces-dividend-payment-for-august-2025-ferg-stock-news
[4] https://za.investing.com/news/company-news/ferguson-announces-dividend-exchange-rate-for-depositary-interest-holders-93CH-3792899
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet