Solstice Advanced Mat (NASDAQ:SOLS) Declares Quarterly Dividend of $0.07

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) announced a quarterly dividend on Friday, July 17th. Investors of record on Thursday, August 27th will be paid a dividend of 0.075 per share on Thursday, September 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 27th.

Solstice Advanced Mat Stock Performance

Solstice Advanced Mat stock traded up $0.14 during midday trading on Friday, hitting $58.38. 2,702,195 shares of the company’s stock were exchanged, compared to its average volume of 2,856,847. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $90.80. The firm’s 50 day simple moving average is $79.87 and its 200 day simple moving average is $74.05. The stock has a market cap of $9.27 billion and a price-to-earnings ratio of 65.60.

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The firm had revenue of $991.00 million during the quarter, compared to analysts’ expectations of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. Equities research analysts predict that Solstice Advanced Mat will post 2.64 EPS for the current year.

About Solstice Advanced Mat

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Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.

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