Hexcel Corporation (NYSE:HXL) to Issue $0.18 Quarterly Dividend

Hexcel Corporation (NYSE:HXL) announced a quarterly dividend on Wednesday, July 29th. Stockholders of record on Monday, August 10th will be given a dividend of 0.18 per share by the aerospace company on Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, August 10th.

Hexcel has increased its dividend by an average of 0.3%per year over the last three years and has increased its dividend annually for the last 3 consecutive years. Hexcel has a dividend payout ratio of 28.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Hexcel to earn $3.35 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 21.5%.

Hexcel Price Performance

Shares of HXL opened at $105.64 on Thursday. The company has a market capitalization of $7.97 billion, a P/E ratio of 69.50, a price-to-earnings-growth ratio of 1.68 and a beta of 1.05. The company has a quick ratio of 1.37, a current ratio of 2.45 and a debt-to-equity ratio of 0.79. The firm has a 50 day moving average of $97.44 and a 200 day moving average of $90.05. Hexcel has a twelve month low of $58.20 and a twelve month high of $111.74.

Hexcel (NYSE:HXL) last posted its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.09. Hexcel had a return on equity of 11.08% and a net margin of 6.07%.The business had revenue of $529.30 million during the quarter, compared to analyst estimates of $528.08 million. During the same quarter last year, the company earned $0.50 EPS. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, equities research analysts anticipate that Hexcel will post 2.26 earnings per share for the current fiscal year.

Hexcel Company Profile

Hexcel Corporation is a global leader in advanced composite materials for aerospace and industrial applications. The company specializes in the development and manufacture of lightweight, high-performance products that enhance fuel efficiency, durability and structural strength. Its offerings are critical to the aerospace sector, where demand for lighter, more efficient aircraft drives continuous innovation in materials.

Hexcel’s product portfolio encompasses carbon fiber reinforcements, pre-impregnated composites (prepregs), honeycomb core, engineered adhesives and structural film adhesives.