Sensient Technologies Corporation Plans Quarterly Dividend of $0.41 (NYSE:SXT)

Sensient Technologies Corporation (NYSE:SXT – Get Free Report) announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Monday, August 3rd will be paid a dividend of 0.41 per share by the specialty chemicals company on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, August 3rd.

Sensient Technologies has raised its dividend by an average of 0.0%annually over the last three years. Sensient Technologies has a dividend payout ratio of 42.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Sensient Technologies to earn $4.65 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 35.3%.

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Sensient Technologies Stock Performance

Shares of SXT traded up $9.36 on Friday, reaching $126.39. 1,124,218 shares of the stock traded hands, compared to its average volume of 413,317. The stock’s 50-day moving average price is $116.48 and its 200-day moving average price is $104.09. The company has a debt-to-equity ratio of 0.63, a current ratio of 5.01 and a quick ratio of 1.97. The firm has a market cap of $5.38 billion, a price-to-earnings ratio of 37.35 and a beta of 0.78. Sensient Technologies has a 12 month low of $82.60 and a 12 month high of $129.35.

Sensient Technologies (NYSE:SXT – Get Free Report) last issued its earnings results on Friday, July 24th. The specialty chemicals company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.03 by $0.17. The firm had revenue of $462.08 million during the quarter, compared to analysts’ expectations of $448.84 million. Sensient Technologies had a return on equity of 13.12% and a net margin of 8.71%.Sensient Technologies’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same period last year, the business earned $0.88 earnings per share. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. Equities analysts forecast that Sensient Technologies will post 3.9 EPS for the current fiscal year.

About Sensient Technologies

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Sensient Technologies Corporation is a global leader in the manufacture and supply of colors, flavors and fragrances for a broad range of end-markets. The company develops and produces ingredients that enhance the appearance, taste and scent of products in the food, beverage, nutraceutical, pharmaceutical, personal care and household sectors. Its portfolio includes natural and synthetic colorants, botanical and artificial flavor systems, fragrance compounds and specialty chemical offerings tailored to customer specifications.

Within its flavor and fragrance division, Sensient provides custom formulations for sweet, savory and umami taste profiles along with fragrance blends for personal care and cosmetic applications.

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