H. B. Fuller Company (FUL) To Go Ex-Dividend on July 30th

H. B. Fuller Company (NYSE:FUL) declared a quarterly dividend on Thursday, July 16th. Shareholders of record on Thursday, July 30th will be given a dividend of 0.245 per share by the specialty chemicals company on Thursday, August 13th. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Thursday, July 30th.

H. B. Fuller has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 57 years. H. B. Fuller has a payout ratio of 21.2% meaning its dividend is sufficiently covered by earnings. Analysts expect H. B. Fuller to earn $5.59 per share next year, which means the company should continue to be able to cover its $0.98 annual dividend with an expected future payout ratio of 17.5%.

H. B. Fuller Stock Performance

H. B. Fuller stock opened at $56.40 on Tuesday. The company has a quick ratio of 1.12, a current ratio of 1.80 and a debt-to-equity ratio of 1.00. The stock has a market cap of $3.03 billion, a PE ratio of 17.30, a P/E/G ratio of 0.60 and a beta of 0.98. H. B. Fuller has a 12-month low of $48.71 and a 12-month high of $68.63. The business’s 50-day moving average price is $59.74 and its two-hundred day moving average price is $60.82.

H. B. Fuller (NYSE:FUL) last posted its earnings results on Thursday, June 25th. The specialty chemicals company reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.04. H. B. Fuller had a net margin of 5.29% and a return on equity of 12.18%. The firm had revenue of $950.27 million during the quarter, compared to analysts’ expectations of $924.83 million. During the same quarter in the prior year, the business earned $1.18 earnings per share. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. As a group, analysts expect that H. B. Fuller will post 4.87 earnings per share for the current fiscal year.

About H. B. Fuller

H. B. Fuller Company, founded in 1887 and headquartered in St. Paul, Minnesota, is a global adhesives and specialty chemical solutions provider serving a wide array of industries. The company develops, manufactures and markets adhesive technologies, sealants, polymers and related chemical products designed to enhance product performance, sustainability and manufacturing efficiency.

Fuller’s product portfolio spans multiple market segments, including packaging and converting, general industrial assembly, electronics, transportation, hygiene and construction.