FMC Corporation (NYSE:FMC) to Issue Quarterly Dividend of $0.08

FMC Corporation (NYSE:FMCGet Free Report) announced a quarterly dividend on Friday, December 12th. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.08 per share by the basic materials company on Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Wednesday, December 31st.

FMC has decreased its dividend payment by an average of 0.3%per year over the last three years. FMC has a payout ratio of 8.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect FMC to earn $3.95 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 8.1%.

FMC Price Performance

Shares of NYSE:FMC opened at $13.59 on Monday. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of -3.20, a P/E/G ratio of 0.62 and a beta of 0.65. FMC has a 1 year low of $12.17 and a 1 year high of $57.00. The company has a current ratio of 1.40, a quick ratio of 1.05 and a debt-to-equity ratio of 0.86. The business has a fifty day simple moving average of $16.18 and a 200 day simple moving average of $30.53.

FMC (NYSE:FMCGet Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The basic materials company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.04. FMC had a positive return on equity of 10.40% and a negative net margin of 14.81%.The company had revenue of $542.20 million during the quarter, compared to the consensus estimate of $1.08 billion. During the same period last year, the business earned $0.69 EPS. The business’s quarterly revenue was down 49.1% on a year-over-year basis. FMC has set its Q4 2025 guidance at 1.140-1.360 EPS and its FY 2025 guidance at 2.920-3.140 EPS. As a group, sell-side analysts predict that FMC will post 3.48 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director John Mitchell Raines bought 7,000 shares of the stock in a transaction dated Thursday, November 13th. The stock was bought at an average cost of $13.77 per share, with a total value of $96,390.00. Following the purchase, the director owned 13,784 shares of the company’s stock, valued at approximately $189,805.68. This represents a 103.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.67% of the company’s stock.

Institutional Investors Weigh In On FMC

Several institutional investors have recently modified their holdings of the business. Great Lakes Advisors LLC bought a new stake in FMC in the first quarter valued at about $922,000. Bayforest Capital Ltd raised its holdings in FMC by 19,282.4% during the 1st quarter. Bayforest Capital Ltd now owns 20,933 shares of the basic materials company’s stock worth $883,000 after buying an additional 20,825 shares during the period. Kestra Investment Management LLC lifted its position in FMC by 6,882.7% in the 1st quarter. Kestra Investment Management LLC now owns 21,786 shares of the basic materials company’s stock valued at $919,000 after acquiring an additional 21,474 shares in the last quarter. Strs Ohio bought a new stake in shares of FMC in the first quarter valued at about $18,986,000. Finally, NewEdge Advisors LLC lifted its position in shares of FMC by 229.1% in the first quarter. NewEdge Advisors LLC now owns 52,618 shares of the basic materials company’s stock worth $2,220,000 after purchasing an additional 36,631 shares in the last quarter. Institutional investors and hedge funds own 91.86% of the company’s stock.

About FMC

(Get Free Report)

FMC Corporation is a global agricultural sciences company specializing in the development, manufacture and marketing of crop protection products. Its portfolio includes herbicides, insecticides, fungicides and plant nutrition solutions designed to enhance crop yield, quality and sustainability. In addition to core crop protection, FMC delivers solutions for turf management and pest control in urban and industrial environments.

Founded in 1883 as the Bean Spray Pump Company and later known as Food Machinery Corporation, the business adopted the FMC name in 1948 and has since evolved through strategic acquisitions and divestitures.

See Also

Dividend History for FMC (NYSE:FMC)

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