GE HealthCare Technologies Inc. (NASDAQ:GEHC – Get Free Report) announced a quarterly dividend on Tuesday, June 30th. Stockholders of record on Friday, July 24th will be paid a dividend of 0.035 per share on Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, July 24th.
GE HealthCare Technologies has a dividend payout ratio of 3.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect GE HealthCare Technologies to earn $5.36 per share next year, which means the company should continue to be able to cover its $0.14 annual dividend with an expected future payout ratio of 2.6%.
GE HealthCare Technologies Trading Down 1.6%
Shares of NASDAQ:GEHC opened at $64.01 on Wednesday. The firm has a market cap of $29.12 billion, a price-to-earnings ratio of 15.31, a PEG ratio of 1.77 and a beta of 0.74. GE HealthCare Technologies has a 12 month low of $58.75 and a 12 month high of $89.77. The company’s fifty day simple moving average is $64.14 and its 200 day simple moving average is $73.62. The company has a quick ratio of 0.95, a current ratio of 1.22 and a debt-to-equity ratio of 0.95.
GE HealthCare Technologies Company Profile
GE HealthCare Technologies (NASDAQ: GEHC) is a global medical technology and diagnostics company that develops, manufactures and markets a broad range of products and services for healthcare providers. Its portfolio centers on diagnostic imaging systems, including MRI, CT, PET and X-ray modalities, as well as ultrasound equipment. The company also supplies patient monitoring and anesthesia delivery systems, interventional and surgical imaging solutions, and molecular imaging technologies used in both clinical care and research settings.
In addition to hardware, GE HealthCare offers software, analytics and lifecycle services aimed at improving clinical workflows and equipment uptime.
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