nVent Electric PLC (NVT) To Go Ex-Dividend on October 23rd

nVent Electric PLC (NYSE:NVT) declared a quarterly dividend on Monday, September 21st. Investors of record on Friday, October 23rd will be paid a dividend of $0.21 per share on Friday, November 6th. This represents a $0.84 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, October 23rd.

nVent Electric has a dividend payout ratio of 24.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect nVent Electric to earn $6.35 per share next year, which means the company should continue to be able to cover its $0.84 annual dividend with an expected future payout ratio of 13.2%.

nVent Electric Stock Down 1.3%

NYSE:NVT opened at $139.70 on Wednesday. The company has a quick ratio of 1.33, a current ratio of 1.80 and a debt-to-equity ratio of 0.37. nVent Electric has a 12-month low of $93.22 and a 12-month high of $184.64. The firm has a market capitalization of $22.61 billion, a P/E ratio of 38.17, a P/E/G ratio of 0.77 and a beta of 1.35. The stock’s fifty day simple moving average is $158.00 and its 200-day simple moving average is $156.84.

nVent Electric (NYSE:NVT) last released its quarterly earnings data on Friday, July 31st. The company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.29. nVent Electric had a return on equity of 18.85% and a net margin of 12.38%. The business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same quarter in the previous year, the business posted $0.86 EPS. nVent Electric’s revenue for the quarter was up 52.8% on a year-over-year basis. nVent Electric has set its Q3 2026 guidance at 1.350-1.380 EPS and its FY 2026 guidance at 5.000-5.100 EPS. Equities research analysts expect that nVent Electric will post 5.13 earnings per share for the current year.

nVent Electric Company Profile

nVent Electric plc is a global provider of electrical connection, protection and management solutions. The company designs and manufactures products that help protect electrical and electronic systems, manage heat, and support the installation and operation of critical infrastructure.

Its products include electrical and electronic enclosures, industrial cooling and thermal-management systems, cable management and fastening solutions, grounding and bonding equipment, busway and power-distribution products, and related connection technologies.