Sensient Technologies Corporation (NYSE:SXT – Get Free Report) declared a quarterly dividend on Thursday, October 29th. Investors of record on Monday, November 9th will be given a dividend of $0.41 per share by the specialty chemicals company on Tuesday, December 1st. This represents a $1.64 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, November 9th.
Sensient Technologies has a dividend payout ratio of 42.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Sensient Technologies to earn $4.90 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 33.5%.
Sensient Technologies Stock Performance
Shares of NYSE SXT opened at $131.73 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 4.39. The company has a market cap of $5.61 billion, a P/E ratio of 35.51 and a beta of 0.84. The firm’s fifty day moving average is $131.88 and its two-hundred day moving average is $113.51. Sensient Technologies has a 52-week low of $82.60 and a 52-week high of $138.82.
Sensient Technologies (NYSE:SXT – Get Free Report) last released its quarterly earnings data on Friday, October 30th. The specialty chemicals company reported $1.13 EPS for the quarter, beating the consensus estimate of $1.09 by $0.04. The business had revenue of $455.84 million during the quarter, compared to the consensus estimate of $459.05 million. Sensient Technologies had a net margin of 9.27% and a return on equity of 13.77%. As a group, analysts anticipate that Sensient Technologies will post 4.20 EPS for the current fiscal year.
About Sensient Technologies
Sensient Technologies Corporation is a global manufacturer of colors, flavors and extracts used in food, beverages, pharmaceuticals, cosmetics and other consumer and industrial products. The company develops customized ingredient solutions designed to improve the appearance, taste, aroma and overall sensory qualities of finished products.
Sensient’s product portfolio includes natural and synthetic food colors, coloring systems, flavor compounds, botanical extracts and other specialty ingredients.
Recommended Stories
- Five stocks we like better than Sensient Technologies
- Robinhood Stock Is Down Nearly 37%—So Why Is Wall Street Still So Bullish?
- 5 Stocks to Buy in November: Bargains Worth Giving Thanks For
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
Receive News & Ratings for Sensient Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensient Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
