|Bid||84.49 x 900|
|Ask||84.52 x 800|
|Day's Range||81.16 - 85.60|
|52 Week Range||46.72 - 95.62|
|Beta (5Y Monthly)||1.63|
|PE Ratio (TTM)||17.93|
|Earnings Date||Jan 27, 2021 - Feb 01, 2021|
|Forward Dividend & Yield||1.32 (1.64%)|
|Ex-Dividend Date||Nov 13, 2020|
|1y Target Est||87.19|
Oshkosh Corporation (NYSE: OSK), a leading innovator of mission-critical vehicles and essential equipment, today announced that after more than 15 years of service to the Company, Wilson R. Jones will be retiring as Chief Executive Officer and as a member of the Board, effective April 2, 2021. Consistent with the Company’s robust succession plan, John C. Pfeifer, the Company’s President and Chief Operating Officer, has been named Jones’ successor and will serve as President and CEO, also effective April 2, 2021.
Oshkosh (NYSE: OSK) declared a dividend payable on November 30, 2020 to its shareholders as of October 29, 2020. It was also announced that shareholders of Oshkosh's stock as of November 16, 2020 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Oshkosh has an ex-dividend date set for for November 13, 2020. The company's current dividend payout is $0.33, which equates to a dividend yield of 1.85% at current price levels.The Significance Of Ex-Dividend Dates An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.Understanding Oshkosh's Dividend Payouts And Yields Over the past year, Oshkosh has seen its dividend payouts and yields climb upward overall. Last year (November 15, 2019), the company's payout sat at $0.3, which has since increased by $0.03. Oshkosh's dividend yield last year was 1.42%, which has since grown by 0.43%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.To read more about Oshkosh click here.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For October 29, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.