Church & Dwight Co., Inc. (CHD) To Go Ex-Dividend on November 13th

Church & Dwight Co., Inc. (NYSE:CHD) declared a quarterly dividend on Tuesday, October 27th. Shareholders of record on Friday, November 13th will be given a dividend of $0.3075 per share on Tuesday, December 1st. This represents a $1.23 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, November 13th.

Church & Dwight has a dividend payout ratio of 33.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Church & Dwight to earn $4.05 per share next year, which means the company should continue to be able to cover its $1.23 annual dividend with an expected future payout ratio of 30.4%.

Church & Dwight Trading Up 0.3%

Shares of NYSE:CHD opened at $111.68 on Wednesday. The stock has a market capitalization of $26.36 billion, a price-to-earnings ratio of 34.36, a PEG ratio of 3.94 and a beta of 0.45. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.62 and a current ratio of 0.96. The stock’s 50-day simple moving average is $100.57 and its two-hundred day simple moving average is $98.36. Church & Dwight has a 52-week low of $81.49 and a 52-week high of $114.64.

Church & Dwight (NYSE:CHD) last released its quarterly earnings results on Friday, October 30th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.90 by $0.02. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.58 billion. Church & Dwight had a net margin of 12.41% and a return on equity of 20.28%. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.81 EPS. Analysts expect that Church & Dwight will post 3.77 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CHD. Wall Street Zen upgraded Church & Dwight from a “sell” rating to a “hold” rating in a research note on Saturday, October 10th. Jefferies Financial Group reiterated a “buy” rating and set a $115.00 target price on shares of Church & Dwight in a research report on Monday, August 3rd. JPMorgan Chase & Co. boosted their price target on Church & Dwight from $105.00 to $109.00 and gave the company a “neutral” rating in a report on Monday, November 2nd. Morgan Stanley boosted their price target on Church & Dwight from $112.00 to $117.00 and gave the company an “equal weight” rating in a report on Monday, November 2nd. Finally, Oppenheimer upped their price target on Church & Dwight from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 28th. Eight research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Church & Dwight presently has a consensus rating of “Hold” and a consensus price target of $108.44.

Church & Dwight Company Profile

Church & Dwight is a consumer products company whose history traces to 1846, when John Dwight and Austin Church began producing baking soda. The company is best known for its ARM & HAMMER brand and sells household, personal care, and specialty products under a portfolio of owned brands. Its products include laundry detergents and cleaners, oral care items, cat litter, deodorants, condoms, pregnancy and ovulation tests, hair-removal products, and water flossers. Brands include OxiClean, Trojan, First Response, Nair, Waterpik, and TheraBreath, alongside ARM & HAMMER.