GE HealthCare Technologies Inc. (GEHC) to Distribute Quarterly Dividend of $0.04 on August 14th

GE HealthCare Technologies Inc. (NASDAQ:GEHCGet Free Report) declared a quarterly dividend on Tuesday, June 30th. Shareholders of record on Friday, July 24th will be given a dividend of 0.035 per share on Friday, August 14th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, July 24th.

GE HealthCare Technologies has a dividend payout ratio of 3.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect GE HealthCare Technologies to earn $5.36 per share next year, which means the company should continue to be able to cover its $0.14 annual dividend with an expected future payout ratio of 2.6%.

GE HealthCare Technologies Stock Performance

Shares of GEHC stock opened at $62.04 on Wednesday. The stock’s fifty day simple moving average is $63.66 and its 200-day simple moving average is $71.60. The company has a market capitalization of $28.22 billion, a price-to-earnings ratio of 14.84, a P/E/G ratio of 1.71 and a beta of 0.72. The company has a current ratio of 1.22, a quick ratio of 0.95 and a debt-to-equity ratio of 0.95. GE HealthCare Technologies has a 1-year low of $58.75 and a 1-year high of $89.77.

GE HealthCare Technologies (NASDAQ:GEHCGet Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.08). The business had revenue of $5.13 billion for the quarter, compared to analysts’ expectations of $5.04 billion. GE HealthCare Technologies had a net margin of 9.10% and a return on equity of 20.46%. The company’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the firm earned $1.01 EPS. GE HealthCare Technologies has set its FY 2026 guidance at 4.800-5.000 EPS. On average, sell-side analysts predict that GE HealthCare Technologies will post 4.89 earnings per share for the current fiscal year.

GE HealthCare Technologies Company Profile

(Get Free Report)

GE HealthCare Technologies (NASDAQ: GEHC) is a global medical technology and diagnostics company that develops, manufactures and markets a broad range of products and services for healthcare providers. Its portfolio centers on diagnostic imaging systems, including MRI, CT, PET and X-ray modalities, as well as ultrasound equipment. The company also supplies patient monitoring and anesthesia delivery systems, interventional and surgical imaging solutions, and molecular imaging technologies used in both clinical care and research settings.

In addition to hardware, GE HealthCare offers software, analytics and lifecycle services aimed at improving clinical workflows and equipment uptime.

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Dividend History for GE HealthCare Technologies (NASDAQ:GEHC)

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