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

H. B. Fuller Company (NYSE:FUL) declared a quarterly dividend on Thursday, January 22nd. Shareholders of record on Thursday, February 5th will be given a dividend of 0.235 per share by the specialty chemicals company on Thursday, February 19th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Thursday, February 5th.

H. B. Fuller has raised 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 payout ratio of 20.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect H. B. Fuller to earn $4.76 per share next year, which means the company should continue to be able to cover its $0.94 annual dividend with an expected future payout ratio of 19.7%.

H. B. Fuller Stock Performance

NYSE:FUL opened at $60.75 on Friday. The company has a market cap of $3.29 billion, a price-to-earnings ratio of 20.25, a PEG ratio of 0.89 and a beta of 1.10. H. B. Fuller has a fifty-two week low of $47.56 and a fifty-two week high of $67.05. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.06 and a current ratio of 1.70. The stock has a fifty day moving average price of $59.85 and a 200-day moving average price of $59.65.

H. B. Fuller (NYSE:FUL) last posted its quarterly earnings results on Thursday, January 15th. The specialty chemicals company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.04. H. B. Fuller had a return on equity of 12.21% and a net margin of 4.38%.The business had revenue of $894.79 million during the quarter, compared to the consensus estimate of $901.34 million. During the same quarter in the previous year, the firm earned $0.92 earnings per share. H. B. Fuller’s revenue for the quarter was down 3.1% compared to the same quarter last year. As a group, equities analysts anticipate that H. B. Fuller will post 4.07 EPS for the current fiscal year.

H. B. Fuller Company Profile

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.