Veralto Corporation (NYSE:VLTO) Declares Quarterly Dividend of $0.13

Veralto Corporation (NYSE:VLTO) declared a quarterly dividend on Thursday, May 14th. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.13 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 30th.

Veralto has a dividend payout ratio of 13.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Veralto to earn $4.64 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 11.2%.

Veralto Trading Down 0.6%

VLTO stock traded down $0.55 during midday trading on Thursday, reaching $85.30. 2,281,170 shares of the company’s stock traded hands, compared to its average volume of 1,981,733. The company has a market capitalization of $20.95 billion, a P/E ratio of 22.04, a PEG ratio of 2.45 and a beta of 0.77. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. Veralto has a fifty-two week low of $84.99 and a fifty-two week high of $110.11. The business has a 50-day moving average price of $89.43 and a two-hundred day moving average price of $95.63.

Veralto (NYSE:VLTO) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. Veralto’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Equities research analysts forecast that Veralto will post 4.23 EPS for the current fiscal year.

Institutional Investors Weigh In On Veralto

Hedge funds and other institutional investors have recently modified their holdings of the stock. Laurel Wealth Advisors LLC bought a new stake in shares of Veralto in the 4th quarter worth about $25,000. Root Financial Partners LLC bought a new stake in Veralto during the third quarter valued at $27,000. Goodman Advisory Group LLC bought a new stake in Veralto during the third quarter valued at $29,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after purchasing an additional 129 shares during the last quarter. Finally, Board of the Pension Protection Fund bought a new stake in Veralto during the fourth quarter valued at $30,000. Institutional investors own 91.28% of the company’s stock.

About Veralto

Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications through the Hach, Trojan Technologies, and ChemTreat brands. This segment provides water solutions, including chemical reagents, services, and digital solutions.