Atmus Filtration Technologies Inc. Plans Quarterly Dividend of $0.06 (NYSE:ATMU)

Atmus Filtration Technologies Inc. (NYSE:ATMU) declared a quarterly dividend on Wednesday, May 13th. Investors 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 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% meaning its dividend is sufficiently covered by earnings. Research 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 Trading Down 2.5%

ATMU stock traded down $1.38 during trading on Wednesday, reaching $54.12. 1,167,561 shares of the stock traded hands, compared to its average volume of 1,082,375. The business’s 50 day moving average price is $59.45 and its 200-day moving average price is $56.02. Atmus Filtration Technologies has a 52-week low of $34.58 and a 52-week high of $66.50. The company has a debt-to-equity ratio of 2.47, a current ratio of 2.53 and a quick ratio of 1.70. The firm has a market capitalization of $4.42 billion, a PE ratio of 21.22, a P/E/G ratio of 2.42 and a beta of 1.47.

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

Atmus Filtration Technologies Company Profile

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.