Enpro Inc. (NYSE:NPO) to Issue Quarterly Dividend of $0.32

Enpro Inc. (NYSE:NPO) announced a quarterly dividend on Thursday, July 30th. Shareholders of record on Wednesday, September 2nd will be given a dividend of 0.32 per share by the industrial products company on Wednesday, September 16th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, September 2nd.

Enpro has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 2 years. Enpro has a dividend payout ratio of 15.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect Enpro to earn $10.55 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 12.1%.

Enpro Trading Up 5.6%

Shares of NPO stock opened at $312.64 on Friday. Enpro has a 1-year low of $202.00 and a 1-year high of $390.42. The company has a current ratio of 2.20, a quick ratio of 1.40 and a debt-to-equity ratio of 0.39. The stock has a market cap of $6.61 billion, a price-to-earnings ratio of 154.01, a PEG ratio of 2.15 and a beta of 1.51. The stock has a 50-day moving average of $335.82 and a 200-day moving average of $290.82.

Enpro (NYSE:NPO) last released its earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.06. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The business had revenue of $303.00 million during the quarter, compared to the consensus estimate of $303.90 million. During the same quarter in the prior year, the firm posted $1.90 EPS. The company’s revenue for the quarter was up 10.9% compared to the same quarter last year. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. On average, equities research analysts forecast that Enpro will post 9.16 earnings per share for the current year.

Enpro Company Profile

Enpro Group, Inc (NYSE: NPO) is a global industrial technology company specializing in engineered products designed to perform in critical and harsh environments. The company’s product portfolio spans proprietary bearing materials and surface enhancement technologies, high-performance sealing solutions, and fluid handling components. Enpro’s offerings are tailored for markets such as semiconductor manufacturing, aerospace, energy, chemical processing, life sciences and general industrial applications.

Formed in December 2002 as a spin-off from the aerospace and defense supplier Goodrich Corporation, Enpro has grown through a combination of targeted acquisitions and focused organic investment in research and development.