H. B. Fuller Company (NYSE:FUL) Shareholders to Get $0.24 Quarterly Dividend

H. B. Fuller Company (NYSE:FUL) announced a quarterly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be given a dividend of $0.2450 per share by the specialty chemicals company on Thursday, October 29th. This represents a $0.98 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Thursday, October 15th.

H. B. Fuller has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 57 years. H. B. Fuller has a payout ratio of 21.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect H. B. Fuller to earn $5.35 per share next year, which means the company should continue to be able to cover its $0.98 annual dividend with an expected future payout ratio of 18.3%.

H. B. Fuller Stock Performance

FUL stock opened at $50.18 on Friday. H. B. Fuller has a fifty-two week low of $46.70 and a fifty-two week high of $68.63. The company has a 50 day moving average price of $55.24 and a 200 day moving average price of $58.18. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.82 and a quick ratio of 1.10. The stock has a market capitalization of $2.70 billion, a PE ratio of 13.98, a price-to-earnings-growth ratio of 0.61 and a beta of 0.99.

H. B. Fuller (NYSE:FUL) last announced its quarterly earnings data on Thursday, September 24th. The specialty chemicals company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.05. H. B. Fuller had a return on equity of 12.65% and a net margin of 5.56%.The business had revenue of $938.17 million during the quarter, compared to analysts’ expectations of $945.59 million. During the same period in the previous year, the firm earned $1.26 earnings per share. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. Analysts forecast that H. B. Fuller will post 4.88 EPS for the current year.

About H. B. Fuller

H.B. Fuller Company is a global manufacturer of adhesives, sealants and specialty chemical products. Its solutions are used to bond, seal, protect and assemble materials in commercial and industrial applications, including packaging, hygiene products, construction, transportation, electronics and durable goods.

The company offers products such as hot-melt, water-based and reactive adhesives, construction adhesives, sealants, coatings and specialty formulations. H.B. Fuller serves manufacturers, contractors and other commercial customers that require bonding and sealing solutions for products, components and building materials.

Founded in 1887 by Harvey Benjamin Fuller, the company has grown from a regional adhesive producer into an international supplier serving customers across North America, Europe, Asia-Pacific and Latin America.