H. B. Fuller Company Announces Quarterly Dividend of $0.24 (NYSE:FUL)

H. B. Fuller Company (NYSE:FUL) declared a quarterly dividend on Thursday, July 16th. Investors of record on Thursday, July 30th will be paid a dividend of 0.245 per share by the specialty chemicals company on Thursday, August 13th. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, July 30th.

H. B. Fuller has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 57 years. H. B. Fuller has a dividend payout ratio of 21.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect H. B. Fuller to earn $5.59 per share next year, which means the company should continue to be able to cover its $0.98 annual dividend with an expected future payout ratio of 17.5%.

H. B. Fuller Stock Up 2.2%

Shares of NYSE:FUL opened at $58.27 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.80 and a debt-to-equity ratio of 1.00. The firm has a market cap of $3.13 billion, a P/E ratio of 17.87, a P/E/G ratio of 0.62 and a beta of 0.98. H. B. Fuller has a 12 month low of $48.71 and a 12 month high of $68.63. The company’s 50-day moving average price is $60.25 and its two-hundred day moving average price is $61.03.

H. B. Fuller (NYSE:FUL) last announced its earnings results on Thursday, June 25th. The specialty chemicals company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.04. H. B. Fuller had a net margin of 5.29% and a return on equity of 12.18%. The company had revenue of $950.27 million during the quarter, compared to the consensus estimate of $924.83 million. During the same period in the previous year, the firm posted $1.18 earnings per share. The company’s revenue was up 5.8% on a year-over-year basis. As a group, research analysts forecast that H. B. Fuller will post 4.87 EPS for the current fiscal year.

About H. B. Fuller

H. B. Fuller Company, founded in 1887 and headquartered in St. Paul, Minnesota, is a global adhesives and specialty chemical solutions provider serving a wide array of industries. The company develops, manufactures and markets adhesive technologies, sealants, polymers and related chemical products designed to enhance product performance, sustainability and manufacturing efficiency.

Fuller’s product portfolio spans multiple market segments, including packaging and converting, general industrial assembly, electronics, transportation, hygiene and construction.