Oshkosh Hikes Quarterly Dividend; Reiterates FY17 Outlook - Quick Facts

(RTTNews) - While reporting its fourth-quarter financial results today, Oshkosh Corp. (OSK) said its board of directors declared a quarterly cash dividend of $0.21 per share of common stock.

The dividend, increased by about 11 percent from the previous dividend, will be payable on December 1, 2016, to shareholders of record as of November 17, 2016.

Looking ahead, the company reaffirmed its outlook for fiscal 2017 earnings in a range of $3.00 to $3.40 per share on projected net sales of $6.5 billion to $6.7 billion, and operating income of $390 million to $430 million.

On average, analysts polled by Thomson Reuters expect earnings of $3.38 per share for the year on revenues of $6.63 billion. Analysts' estimates typically exclude special items.