Sensient Technologies Corporation (NYSE:SXT) Plans Quarterly Dividend of $0.41

Sensient Technologies Corporation (NYSE:SXT) declared a quarterly dividend on Thursday, April 23rd. Stockholders of record on Monday, May 11th will be given a dividend of 0.41 per share by the specialty chemicals company on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Monday, May 11th.

Sensient Technologies has raised its dividend payment by an average of 0.0%per year over the last three years. Sensient Technologies has a payout ratio of 42.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Sensient Technologies to earn $4.50 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 36.4%.

Sensient Technologies Price Performance

SXT opened at $99.09 on Friday. The business has a fifty day moving average of $92.26 and a 200 day moving average of $94.12. Sensient Technologies has a 52-week low of $78.27 and a 52-week high of $121.54. The company has a quick ratio of 1.53, a current ratio of 4.10 and a debt-to-equity ratio of 0.59. The stock has a market cap of $4.22 billion, a P/E ratio of 31.36 and a beta of 0.62.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings data on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.24. Sensient Technologies had a return on equity of 12.82% and a net margin of 8.34%.The company had revenue of $435.83 million during the quarter, compared to analysts’ expectations of $411.39 million. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. As a group, sell-side analysts anticipate that Sensient Technologies will post 3.7 EPS for the current year.

About Sensient Technologies

Sensient Technologies Corporation is a global leader in the manufacture and supply of colors, flavors and fragrances for a broad range of end-markets. The company develops and produces ingredients that enhance the appearance, taste and scent of products in the food, beverage, nutraceutical, pharmaceutical, personal care and household sectors. Its portfolio includes natural and synthetic colorants, botanical and artificial flavor systems, fragrance compounds and specialty chemical offerings tailored to customer specifications.

Within its flavor and fragrance division, Sensient provides custom formulations for sweet, savory and umami taste profiles along with fragrance blends for personal care and cosmetic applications.