Cantel Medical Corp. (NYSE:CMD) declared a Semi-Annual dividend on Wednesday, November 1st, Zacks reports. Stockholders of record on Wednesday, January 17th will be paid a dividend of 0.085 per share on Wednesday, January 31st. This represents a dividend yield of 0.17%. The ex-dividend date of this dividend is Tuesday, January 16th. This is an increase from Cantel Medical’s previous Semi-Annual dividend of $0.07.
Cantel Medical has a payout ratio of 7.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Cantel Medical to earn $2.71 per share next year, which means the company should continue to be able to cover its $0.17 annual dividend with an expected future payout ratio of 6.3%.
Cantel Medical (NYSE:CMD) opened at $105.79 on Thursday. The company has a market cap of $4,420.00, a P/E ratio of 58.45 and a beta of 1.25. The company has a quick ratio of 1.48, a current ratio of 2.44 and a debt-to-equity ratio of 0.31. Cantel Medical has a 12-month low of $69.21 and a 12-month high of $108.00.
Cantel Medical Company Profile
Cantel Medical Corp. is a provider of infection prevention products and services in the healthcare market. The Company’s operating segments include Endoscopy; Water Purification and Filtration; Healthcare Disposables, and Dialysis. Its Endoscopy segment includes medical device reprocessing systems, disinfectants, detergents and other supplies.
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