H. B. Fuller Company (FUL) to Issue Quarterly Dividend of $0.24 on August 13th

H. B. Fuller Company (NYSE:FULGet Free Report) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Thursday, July 30th will be given a dividend of 0.245 per share by the specialty chemicals company on Thursday, August 13th. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, July 30th.

H. B. Fuller has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 57 years. H. B. Fuller has a dividend payout ratio of 21.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect H. B. Fuller to earn $5.59 per share next year, which means the company should continue to be able to cover its $0.98 annual dividend with an expected future payout ratio of 17.5%.

H. B. Fuller Price Performance

Shares of FUL stock opened at $57.09 on Friday. The firm has a market cap of $3.07 billion, a P/E ratio of 17.51, a P/E/G ratio of 0.63 and a beta of 0.98. H. B. Fuller has a fifty-two week low of $48.71 and a fifty-two week high of $68.63. The business’s 50 day moving average price is $60.16 and its 200-day moving average price is $61.00. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.12 and a current ratio of 1.80.

H. B. Fuller (NYSE:FULGet Free Report) last posted its earnings results on Thursday, June 25th. The specialty chemicals company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.04. The firm had revenue of $950.27 million for the quarter, compared to analysts’ expectations of $924.83 million. H. B. Fuller had a return on equity of 12.18% and a net margin of 5.29%.The business’s revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.18 earnings per share. On average, equities research analysts anticipate that H. B. Fuller will post 4.87 earnings per share for the current year.

Institutional Trading of H. B. Fuller

Hedge funds have recently modified their holdings of the business. Allworth Financial LP increased its stake in shares of H. B. Fuller by 50.1% in the 4th quarter. Allworth Financial LP now owns 578 shares of the specialty chemicals company’s stock worth $34,000 after acquiring an additional 193 shares in the last quarter. Hantz Financial Services Inc. lifted its position in H. B. Fuller by 432.9% during the 4th quarter. Hantz Financial Services Inc. now owns 778 shares of the specialty chemicals company’s stock valued at $46,000 after acquiring an additional 632 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in H. B. Fuller during the fourth quarter worth about $46,000. Torren Management LLC bought a new stake in H. B. Fuller during the fourth quarter worth about $52,000. Finally, Brown Brothers Harriman & Co. purchased a new stake in H. B. Fuller in the third quarter worth about $56,000. Institutional investors own 95.93% of the company’s stock.

About H. B. Fuller

(Get Free Report)

H. B. Fuller Company, founded in 1887 and headquartered in St. Paul, Minnesota, is a global adhesives and specialty chemical solutions provider serving a wide array of industries. The company develops, manufactures and markets adhesive technologies, sealants, polymers and related chemical products designed to enhance product performance, sustainability and manufacturing efficiency.

Fuller’s product portfolio spans multiple market segments, including packaging and converting, general industrial assembly, electronics, transportation, hygiene and construction.

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Dividend History for H. B. Fuller (NYSE:FUL)

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