Atmus Filtration Technologies Inc. (NYSE:ATMU) Raises Dividend to $0.06 Per Share

Atmus Filtration Technologies Inc. (NYSE:ATMU) announced a quarterly dividend on Friday, August 14th. Stockholders of record on Thursday, August 27th will be paid a dividend of 0.06 per share on Wednesday, September 9th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, August 27th. This is a 9.1% increase from Atmus Filtration Technologies’s previous quarterly dividend of $0.06.

Atmus Filtration Technologies has a payout ratio of 8.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Atmus Filtration Technologies to earn $3.27 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 6.7%.

Atmus Filtration Technologies Price Performance

NYSE ATMU opened at $50.92 on Friday. The company has a quick ratio of 1.83, a current ratio of 2.65 and a debt-to-equity ratio of 2.18. The stock has a market capitalization of $4.16 billion, a PE ratio of 19.51, a price-to-earnings-growth ratio of 2.11 and a beta of 1.19. The company has a 50 day moving average price of $51.25 and a two-hundred day moving average price of $55.70. Atmus Filtration Technologies has a 12-month low of $41.82 and a 12-month high of $66.50.

Atmus Filtration Technologies (NYSE:ATMU) last released its quarterly earnings results on Friday, August 7th. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.04. Atmus Filtration Technologies had a net margin of 11.32% and a return on equity of 59.85%. The business had revenue of $527.90 million for the quarter, compared to the consensus estimate of $507.02 million. During the same quarter last year, the firm earned $0.75 EPS. Atmus Filtration Technologies’s revenue for the quarter was up 16.5% on a year-over-year basis. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. As a group, equities analysts predict that Atmus Filtration Technologies will post 2.94 earnings per share 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.