Donaldson Company, Inc. (DCI) To Go Ex-Dividend on June 15th

Donaldson Company, Inc. (NYSE:DCI) announced a quarterly dividend on Friday, May 29th. Investors of record on Monday, June 15th will be paid a dividend of 0.32 per share by the industrial products company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, June 15th. This is a 6.7% increase from Donaldson’s previous quarterly dividend of $0.30.

Donaldson has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 38 consecutive years. Donaldson has a dividend payout ratio of 33.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Donaldson to earn $4.36 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 29.4%.

Donaldson Price Performance

Shares of DCI stock traded up $0.93 on Friday, reaching $86.32. The company’s stock had a trading volume of 599,967 shares, compared to its average volume of 804,648. The company has a quick ratio of 1.55, a current ratio of 2.35 and a debt-to-equity ratio of 0.35. Donaldson has a 12-month low of $67.71 and a 12-month high of $112.84. The company has a market capitalization of $10.01 billion, a P/E ratio of 23.20, a PEG ratio of 2.16 and a beta of 0.95. The stock’s 50 day simple moving average is $85.78 and its 200-day simple moving average is $91.69.

Donaldson (NYSE:DCI) last issued its quarterly earnings data on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.01. Donaldson had a return on equity of 29.17% and a net margin of 11.52%.The company had revenue of $995.10 million for the quarter, compared to the consensus estimate of $973.65 million. During the same quarter last year, the business posted $0.99 earnings per share. The firm’s revenue was up 5.9% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. As a group, equities analysts predict that Donaldson will post 3.96 earnings per share for the current fiscal year.

About Donaldson

Donaldson Company, Inc (NYSE: DCI) is a global provider of filtration systems and replacement parts for a wide range of industries. The company develops and manufactures air, liquid and gas filtration solutions for engine and industrial applications, helping customers improve performance, lower emissions and extend equipment life. Donaldson’s product portfolio includes engine air intake filters, fuel filters, hydraulic filters, compressor filters, dust collection systems and gas turbine air intake systems.

Serving markets such as agriculture, construction, mining, power generation, aerospace and original equipment manufacturing, Donaldson operates through two primary business segments: Engine Products and Industrial Products.