Cantel Medical Corp. (NYSE:CMD) announced a Semi-Annual dividend on Wednesday, June 26th, Zacks reports. Investors of record on Wednesday, July 17th will be paid a dividend of 0.10 per share on Wednesday, July 31st. The ex-dividend date is Tuesday, July 16th.
Cantel Medical has a payout ratio of 7.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Cantel Medical to earn $2.62 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 7.6%.
Shares of NYSE:CMD opened at $80.70 on Monday. The firm has a market cap of $3.37 billion, a P/E ratio of 32.15 and a beta of 1.12. The company has a 50 day moving average price of $75.37. The company has a quick ratio of 1.45, a current ratio of 2.33 and a debt-to-equity ratio of 0.34. Cantel Medical has a fifty-two week low of $63.47 and a fifty-two week high of $99.68.
Cantel Medical Company Profile
Cantel Medical Corp. provides infection prevention and control products and services for the healthcare market. The company's Endoscopy segment offers automated endoscope reprocessing systems; infectants and sterilants; detergents; leak testing and manual cleaning products; storage cabinets, transport systems, and mobile medical carts; manual cleaning products; endoscope process tracking products; other consumables, accessories, and supplies for use in disinfect rigid endoscopes, flexible endoscopes, and other instrumentation; and technical maintenance services.
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