H. B. Fuller Company (FUL) to Issue Quarterly Dividend of $0.25 on May 14th

H. B. Fuller Company (NYSE:FUL) announced a quarterly dividend on Thursday, April 16th. Investors of record on Thursday, April 30th will be paid a dividend of 0.245 per share by the specialty chemicals company on Thursday, May 14th. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Thursday, April 30th. This is a 4.3% increase from H. B. Fuller’s previous quarterly dividend of $0.24.

H. B. Fuller has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 57 consecutive years. H. B. Fuller has a dividend payout ratio of 20.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect H. B. Fuller to earn $4.76 per share next year, which means the company should continue to be able to cover its $0.94 annual dividend with an expected future payout ratio of 19.7%.

H. B. Fuller Stock Performance

FUL stock opened at $64.34 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.92 and a quick ratio of 1.15. The company has a 50 day moving average price of $61.14 and a 200 day moving average price of $60.19. H. B. Fuller has a fifty-two week low of $48.71 and a fifty-two week high of $68.63. The stock has a market capitalization of $3.51 billion, a PE ratio of 21.24, a price-to-earnings-growth ratio of 0.82 and a beta of 1.05.

H. B. Fuller (NYSE:FUL) last announced its quarterly earnings data on Thursday, March 26th. The specialty chemicals company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.01. The firm had revenue of $770.84 million for the quarter, compared to analyst estimates of $787.77 million. H. B. Fuller had a return on equity of 11.84% and a net margin of 4.62%.The business’s quarterly revenue was down 2.3% compared to the same quarter last year. During the same period last year, the company earned $0.54 EPS. Analysts forecast that H. B. Fuller will post 4.07 EPS for the current year.

H. B. Fuller Company Profile

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.