Atmus Filtration Technologies Inc. (ATMU) To Go Ex-Dividend on May 26th

Atmus Filtration Technologies Inc. (NYSE:ATMU) announced a quarterly dividend on Tuesday, May 12th. Stockholders of record on Tuesday, May 26th will be given a dividend of 0.055 per share on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, May 26th.

Atmus Filtration Technologies has a dividend payout ratio of 8.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect Atmus Filtration Technologies to earn $3.21 per share next year, which means the company should continue to be able to cover its $0.22 annual dividend with an expected future payout ratio of 6.9%.

Atmus Filtration Technologies Stock Performance

NYSE ATMU opened at $54.12 on Thursday. The company has a market cap of $4.42 billion, a P/E ratio of 21.22, a P/E/G ratio of 2.38 and a beta of 1.47. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.70 and a current ratio of 2.53. The business’s 50 day moving average price is $59.22 and its 200-day moving average price is $56.08. Atmus Filtration Technologies has a fifty-two week low of $34.58 and a fifty-two week high of $66.50.

Atmus Filtration Technologies (NYSE:ATMU) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.04. The company had revenue of $477.50 million during the quarter, compared to the consensus estimate of $474.41 million. Atmus Filtration Technologies had a return on equity of 64.29% and a net margin of 11.56%.Atmus Filtration Technologies’s revenue was up 14.6% on a year-over-year basis. During the same period last year, the company earned $0.63 earnings per share. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. Sell-side analysts predict that Atmus Filtration Technologies will post 2.95 earnings per share for the current year.

About Atmus Filtration Technologies

Atmus Filtration Technologies is a global developer and manufacturer of high-performance filter media and filtration solutions. The company designs and produces advanced materials that capture airborne particles across a range of applications, from heating, ventilation and air-conditioning (HVAC) systems to industrial and cleanroom environments. By focusing on proprietary meltblown and nanofiber technologies, Atmus delivers media that balances efficiency, airflow and durability for both original equipment manufacturers (OEMs) and aftermarket customers.

The company’s product portfolio encompasses pleated and panel filter media, depth filtration products and specialty laminates used in industries such as commercial buildings, healthcare, transportation and power generation.