ESAB Corporation (ESAB) To Go Ex-Dividend on October 2nd

ESAB Corporation (NYSE:ESAB) declared a quarterly dividend on Thursday, September 10th. Shareholders of record on Friday, October 2nd will be paid a dividend of 0.12 per share on Friday, October 16th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Friday, October 2nd.

ESAB has a dividend payout ratio of 8.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect ESAB to earn $6.54 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 7.3%.

ESAB Stock Up 2.0%

ESAB opened at $70.64 on Friday. ESAB has a one year low of $68.22 and a one year high of $137.42. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.22 and a current ratio of 1.96. The stock has a market capitalization of $4.39 billion, a P/E ratio of 25.32, a price-to-earnings-growth ratio of 1.35 and a beta of 1.17. The business’s 50-day simple moving average is $83.67 and its 200-day simple moving average is $93.95.

ESAB (NYSE:ESAB) last announced its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.04). The firm had revenue of $807.63 million during the quarter, compared to analyst estimates of $755.64 million. ESAB had a net margin of 5.75% and a return on equity of 14.48%. The firm’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period last year, the company earned $1.36 earnings per share. ESAB has set its FY 2026 guidance at 5.400-5.500 EPS. Analysts anticipate that ESAB will post 5.46 EPS for the current year.

ESAB Company Profile

ESAB Corporation (NYSE: ESAB) is a global provider of welding and cutting technologies. The company develops and manufactures welding equipment, welding consumables, cutting systems, automation solutions and related accessories used in industrial, commercial and maintenance applications.

Its product portfolio includes arc-welding equipment, electrodes and welding wires, gas and plasma cutting systems, robotic and automated welding solutions, and digital tools designed to improve fabrication processes.