GE HealthCare Technologies Inc. (NASDAQ:GEHC) Declares Quarterly Dividend of $0.04

GE HealthCare Technologies Inc. (NASDAQ:GEHCGet Free Report) declared a quarterly dividend on Tuesday, June 30th. Stockholders of record on Friday, July 24th will be paid a dividend of 0.035 per share on Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, July 24th.

GE HealthCare Technologies has a dividend payout ratio of 3.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect GE HealthCare Technologies to earn $5.36 per share next year, which means the company should continue to be able to cover its $0.14 annual dividend with an expected future payout ratio of 2.6%.

GE HealthCare Technologies Price Performance

GEHC opened at $64.01 on Wednesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.22 and a quick ratio of 0.95. The stock has a market capitalization of $29.12 billion, a P/E ratio of 15.31, a price-to-earnings-growth ratio of 1.77 and a beta of 0.74. The company’s 50 day simple moving average is $64.14 and its 200-day simple moving average is $73.62. GE HealthCare Technologies has a one year low of $58.75 and a one year high of $89.77.

GE HealthCare Technologies (NASDAQ:GEHCGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.08). The company had revenue of $5.13 billion during the quarter, compared to the consensus estimate of $5.04 billion. GE HealthCare Technologies had a return on equity of 20.46% and a net margin of 9.10%.The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.01 EPS. GE HealthCare Technologies has set its FY 2026 guidance at 4.800-5.000 EPS. Sell-side analysts anticipate that GE HealthCare Technologies will post 4.89 earnings per share for the current fiscal year.

GE HealthCare Technologies Company Profile

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GE HealthCare Technologies (NASDAQ: GEHC) is a global medical technology and diagnostics company that develops, manufactures and markets a broad range of products and services for healthcare providers. Its portfolio centers on diagnostic imaging systems, including MRI, CT, PET and X-ray modalities, as well as ultrasound equipment. The company also supplies patient monitoring and anesthesia delivery systems, interventional and surgical imaging solutions, and molecular imaging technologies used in both clinical care and research settings.

In addition to hardware, GE HealthCare offers software, analytics and lifecycle services aimed at improving clinical workflows and equipment uptime.

Further Reading

Dividend History for GE HealthCare Technologies (NASDAQ:GEHC)

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