Dolby Laboratories (DLB) To Go Ex-Dividend on May 12th

Dolby Laboratories (NYSE:DLB) announced a quarterly dividend on Tuesday, April 28th. Stockholders of record on Tuesday, May 12th will be given a dividend of 0.36 per share by the electronics maker on Wednesday, May 20th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, May 12th.

Dolby Laboratories has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 10 years. Dolby Laboratories has a dividend payout ratio of 34.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Dolby Laboratories to earn $3.46 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 41.6%.

Dolby Laboratories Stock Performance

Shares of DLB opened at $58.15 on Friday. The firm has a market capitalization of $5.56 billion, a price-to-earnings ratio of 22.98 and a beta of 0.86. The business’s fifty day moving average price is $62.24 and its two-hundred day moving average price is $64.27. Dolby Laboratories has a 52 week low of $55.73 and a 52 week high of $78.28.

Dolby Laboratories (NYSE:DLB) last announced its quarterly earnings data on Thursday, April 30th. The electronics maker reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.06. The firm had revenue of $395.63 million for the quarter, compared to analyst estimates of $385.80 million. Dolby Laboratories had a return on equity of 11.47% and a net margin of 17.85%.The business’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period last year, the company earned $1.34 EPS. Dolby Laboratories has set its FY 2026 guidance at 4.300-4.450 EPS and its Q3 2026 guidance at 0.560-0.710 EPS. As a group, research analysts forecast that Dolby Laboratories will post 3.22 EPS for the current year.

Dolby Laboratories Company Profile

Dolby Laboratories, Inc is a global leader in audio and imaging technologies, specializing in the development, licensing and deployment of solutions that enhance entertainment and communications experiences. The company’s core business revolves around creating advanced audio codecs, noise reduction systems and spatial sound technologies for a wide range of applications, including cinema, broadcast, gaming, streaming and personal devices. Dolby’s licensing model enables consumer electronics manufacturers, content creators and service providers to integrate its technologies into products such as televisions, smartphones, home theater systems and set-top boxes.

Among its flagship innovations are Dolby Atmos, an immersive audio format that delivers three-dimensional soundscapes for theaters and home systems; Dolby Digital and Dolby Digital Plus, widely adopted audio compression formats for broadcast and streaming; and Dolby Vision, a high-dynamic-range imaging technology that expands color, contrast and brightness in displays.