Atmus Filtration Technologies Inc. Plans Quarterly Dividend of $0.06 (NYSE:ATMU)

Atmus Filtration Technologies Inc. (NYSE:ATMU) declared a quarterly dividend on Tuesday, May 12th. Shareholders of record on Tuesday, May 26th will be given a dividend of 0.055 per share on Wednesday, June 10th. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, May 26th.

Atmus Filtration Technologies has a payout ratio of 8.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Atmus Filtration Technologies to earn $3.21 per share next year, which means the company should continue to be able to cover its $0.22 annual dividend with an expected future payout ratio of 6.9%.

Atmus Filtration Technologies Price Performance

NYSE ATMU opened at $54.12 on Thursday. The firm’s fifty day simple moving average is $59.22 and its two-hundred day simple moving average is $56.08. The company has a current ratio of 2.53, a quick ratio of 1.70 and a debt-to-equity ratio of 2.47. Atmus Filtration Technologies has a 12-month low of $34.58 and a 12-month high of $66.50. The firm has a market capitalization of $4.42 billion, a P/E ratio of 21.22, a P/E/G ratio of 2.38 and a beta of 1.47.

Atmus Filtration Technologies (NYSE:ATMU) last released its quarterly earnings results on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.04. Atmus Filtration Technologies had a net margin of 11.56% and a return on equity of 64.29%. The business had revenue of $477.50 million for the quarter, compared to analyst estimates of $474.41 million. During the same period in the previous year, the company earned $0.63 earnings per share. The business’s revenue for the quarter was up 14.6% on a year-over-year basis. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. Analysts forecast that Atmus Filtration Technologies will post 2.95 EPS for the current fiscal year.

About Atmus Filtration Technologies

Atmus Filtration Technologies is a global developer and manufacturer of high-performance filter media and filtration solutions. The company designs and produces advanced materials that capture airborne particles across a range of applications, from heating, ventilation and air-conditioning (HVAC) systems to industrial and cleanroom environments. By focusing on proprietary meltblown and nanofiber technologies, Atmus delivers media that balances efficiency, airflow and durability for both original equipment manufacturers (OEMs) and aftermarket customers.

The company’s product portfolio encompasses pleated and panel filter media, depth filtration products and specialty laminates used in industries such as commercial buildings, healthcare, transportation and power generation.