Element Solutions Inc. (ESI) To Go Ex-Dividend on September 1st

Element Solutions Inc. (NYSE:ESIGet Free Report) announced a quarterly dividend on Friday, August 14th. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.08 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, September 1st.

Element Solutions has raised its dividend by an average of 0.4%per year over the last three years. Element Solutions has a payout ratio of 20.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Element Solutions to earn $2.11 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 15.2%.

Element Solutions Trading Down 4.4%

Shares of ESI stock opened at $34.93 on Friday. The stock has a market cap of $8.51 billion, a price-to-earnings ratio of 47.20, a PEG ratio of 1.20 and a beta of 1.26. The stock has a 50-day moving average of $39.43 and a 200-day moving average of $38.32. The company has a current ratio of 2.91, a quick ratio of 2.11 and a debt-to-equity ratio of 0.73. Element Solutions has a 1-year low of $22.86 and a 1-year high of $49.25.

Element Solutions (NYSE:ESIGet Free Report) last announced its earnings results on Monday, July 27th. The company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.04. The business had revenue of $977.90 million during the quarter, compared to the consensus estimate of $873.19 million. Element Solutions had a net margin of 5.67% and a return on equity of 14.88%. Element Solutions’s quarterly revenue was up 56.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.20 earnings per share. On average, equities research analysts forecast that Element Solutions will post 1.81 earnings per share for the current year.

About Element Solutions

(Get Free Report)

Element Solutions Inc is a global specialty chemicals company that develops and supplies highly engineered chemistries to performance-driven end markets. The company’s solutions serve customers across the electronics, energy, transportation, consumer and industrial sectors, with a particular emphasis on electronics chemicals, metal plating, and industrial coatings additives.

In the electronics market, Element Solutions provides a range of plating and surface-treatment chemistries used in the manufacture of printed circuit boards, semiconductor devices, and advanced display technologies.

Featured Articles

Dividend History for Element Solutions (NYSE:ESI)

Receive News & Ratings for Element Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Element Solutions and related companies with MarketBeat.com's FREE daily email newsletter.