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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (34000)2/22/2022 7:54:41 AM
From: Ditchdigger1 Recommendation

Recommended By
Graustus

  Read Replies (1) | Respond to of 34328
 
KBR continues to improve under the radar.

HOUSTON, Feb. 18, 2022 /PRNewswire/ -- KBR (NYSE: KBR) is pleased to announce an increase to its quarterly dividend beginning in 2022 to $0.12 per share, a 9% increase over 2021 levels and a 50% increase since 2019.


Earnings out today, looks like a $.04 beat ( .69 vs .65 est)
FY 2021 Highlights

-- Delivered revenue growth of $1.6 billion, or 27%, over 2020, and net income attributable to KBR growth of $90 million; adj. EBITDA¹ growth of 31%

-- Generated $278 million of operating cash flow; $319 million of adj. operating cash flow¹

-- Awarded $7.8 billion of bookings and options, providing greater visibility of long-term growth targets

-- Closed highly strategic Frazer-Nash Consultancy acquisition, enhancing highly differentiated capabilities internationally

4th Quarter 2021 Highlights

-- Revenue growth of $1 billion, or 70%; net income attributable to KBR growth of 258%; adj. EBITDA¹ growth of 27%

-- Delivered 1.2x book-to-bill

" During the year, KBR completed the strategic acquisition of Frazer-Nash Consultancy, repurchased $82 million of its common shares, and paid $61 million in shareholder dividends."

https://finance.yahoo.com/news/kbr-announces-fourth-quarter-fy-105200074.html



To: E_K_S who wrote (34000)3/4/2022 1:58:07 PM
From: Ditchdigger2 Recommendations

Recommended By
E_K_S
Graustus

  Read Replies (1) | Respond to of 34328
 
Been a lot of interest in KBR the last few days (since earnings actually).
Heavy volume again today in the face of weak markets. Haven't seen any news, maybe
energy related, or defense spending, or government services (US and UK) or space.
Who knows, they are in the right sectors.