Ferrovial (FER) has announced its upcoming dividend details, with the ex-dividend date set for May 23, 2025. This announcement was made on May 14, 2025, and the dividend payment is scheduled for Jun 25, 2025, at a rate of $0.356 per share. Notably, this dividend is higher than the average of the past ten dividends, which stood at $0.288 per share. The dividend type is categorized as a cash dividend. Previously, the company distributed a dividend on Dec 27, 2024, amounting to $0.037 per share, also classified as a cash dividend.
Recently, analysts have highlighted significant developments surrounding
. One of the notable updates is the company's strong performance in the first quarter of 2025, with a reported 19.1% increase in adjusted EBITDA to €309 million ($346.050 million). This robust growth underscores Ferrovial's solid financial health, despite facing some operational challenges. Additionally, Ferrovial has made strategic shifts towards high-return assets and inflation-protected infrastructure, positioning itself for future mobility endeavors. These initiatives have been well-received, as indicated by the positive sentiment following the recent earnings call.
In the past week, Citi analysts raised their price target for Ferrovial SE shares to $58.40 from $46.43, maintaining a Buy rating. This adjustment reflects growing confidence in Ferrovial's strategic direction and financial performance. Furthermore, Ferrovial has announced an equity buyback program for 15,000,000 shares, showcasing its commitment to enhancing shareholder value. These developments highlight Ferrovial's proactive approach to strengthening its market position and leveraging growth opportunities.
In conclusion, Ferrovial's recent dividend announcement and strategic initiatives indicate a promising outlook for the company. Investors should note that the ex-dividend date is May 23, 2025, marking the last day to purchase shares and receive the dividend. Any acquisitions made after this date will not qualify for the current dividend payout.
Comments
No comments yet