Teleflex Incorporated (NYSE:TFX – Get Free Report) announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Friday, August 14th will be given a dividend of 0.34 per share by the medical technology company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, August 14th.
Teleflex has a dividend payout ratio of 9.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Teleflex to earn $10.63 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 12.8%.
Teleflex Stock Up 0.5%
Teleflex stock opened at $133.66 on Wednesday. The company has a quick ratio of 2.12, a current ratio of 2.60 and a debt-to-equity ratio of 0.94. Teleflex has a 12-month low of $100.18 and a 12-month high of $145.00. The firm’s fifty day moving average is $131.99 and its 200 day moving average is $123.12. The company has a market capitalization of $5.66 billion, a PE ratio of -5.74, a PEG ratio of 0.88 and a beta of 0.81.
About Teleflex
Teleflex Incorporated is a diversified global provider of medical technologies, specializing in critical care and surgery. Headquartered in Wayne, Pennsylvania, the company designs, manufactures and distributes devices and solutions used by healthcare professionals in hospital, ambulatory and alternate site settings. Teleflex focuses on delivering products that support complex interventional procedures and improve patient outcomes.
The company’s offerings span several key segments, including Interventional Urology, Respiratory & Anesthesia, Surgical, Cardiac Care, Vascular and Original Equipment Manufacturer (OEM) solutions.
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