Enpro Inc. (NPO) to Issue Quarterly Dividend of $0.32 on June 17th

Enpro Inc. (NYSE:NPO) announced a quarterly dividend on Wednesday, April 29th. Shareholders of record on Wednesday, June 3rd will be given a dividend of 0.32 per share by the industrial products company on Wednesday, June 17th. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Wednesday, June 3rd.

Enpro has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 2 consecutive years. Enpro has a payout ratio of 15.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect Enpro to earn $10.10 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 12.7%.

Enpro Stock Performance

Shares of NYSE:NPO opened at $292.00 on Friday. The firm has a market capitalization of $6.17 billion, a PE ratio of 154.50, a P/E/G ratio of 2.11 and a beta of 1.54. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.32 and a quick ratio of 1.50. The business has a 50-day moving average of $264.20 and a two-hundred day moving average of $242.11. Enpro has a 12 month low of $147.96 and a 12 month high of $300.67.

Enpro (NYSE:NPO) last released its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.08. Enpro had a return on equity of 11.16% and a net margin of 3.54%.The business had revenue of $295.40 million for the quarter, compared to analyst estimates of $280.50 million. During the same period in the previous year, the company posted $1.57 EPS. The company’s revenue was up 14.3% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.500-9.200 EPS. As a group, research analysts forecast that Enpro will post 8.88 earnings per share for the current year.

Enpro Company Profile

Enpro Group, Inc (NYSE: NPO) is a global industrial technology company specializing in engineered products designed to perform in critical and harsh environments. The company’s product portfolio spans proprietary bearing materials and surface enhancement technologies, high-performance sealing solutions, and fluid handling components. Enpro’s offerings are tailored for markets such as semiconductor manufacturing, aerospace, energy, chemical processing, life sciences and general industrial applications.

Formed in December 2002 as a spin-off from the aerospace and defense supplier Goodrich Corporation, Enpro has grown through a combination of targeted acquisitions and focused organic investment in research and development.