ARC Document Solutions, Inc. (NYSE:ARC) Declares Quarterly Dividend of $0.05

ARC Document Solutions, Inc. (NYSE:ARC) declared a quarterly dividend on Thursday, August 1st, Wall Street Journal reports. Investors of record on Thursday, October 31st will be paid a dividend of 0.05 per share by the business services provider on Friday, November 29th. This represents a $0.20 annualized dividend and a yield of 6.66%. The ex-dividend date is Thursday, October 31st.

ARC Document Solutions has increased its dividend payment by an average of 115.4% per year over the last three years. ARC Document Solutions has a dividend payout ratio of 64.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect ARC Document Solutions to earn $0.31 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 64.5%.

ARC Document Solutions Stock Down 0.8 %

ARC Document Solutions stock opened at $3.01 on Friday. The business has a fifty day moving average of $2.84 and a two-hundred day moving average of $2.78. The company has a quick ratio of 1.42, a current ratio of 1.56 and a debt-to-equity ratio of 0.34. The firm has a market cap of $129.76 million, a P/E ratio of 15.03, a P/E/G ratio of 1.05 and a beta of 1.17. ARC Document Solutions has a twelve month low of $2.56 and a twelve month high of $3.60.

ARC Document Solutions (NYSE:ARC) last posted its earnings results on Tuesday, May 7th. The business services provider reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. The company had revenue of $70.79 million during the quarter, compared to analyst estimates of $69.70 million. ARC Document Solutions had a return on equity of 7.75% and a net margin of 3.09%. On average, analysts forecast that ARC Document Solutions will post 0.24 earnings per share for the current fiscal year.

ARC Document Solutions Company Profile

ARC Document Solutions, Inc, a digital printing company, provides digital printing and document-related services in the United States. It provides managed print services, that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; and cloud-based document management software and other digital hosting services.