Xylem Inc. (NYSE:XYL) Declares $0.43 Quarterly Dividend

Xylem Inc. (NYSE:XYL) announced a quarterly dividend on Thursday, August 13th. Investors of record on Thursday, August 27th will be given a dividend of 0.43 per share by the industrial products company on Thursday, September 24th. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date is Thursday, August 27th.

Xylem has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. Xylem has a payout ratio of 33.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Xylem to earn $6.13 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 28.1%.

Xylem Trading Down 1.3%

NYSE XYL opened at $120.35 on Friday. Xylem has a one year low of $105.29 and a one year high of $154.27. The firm has a market cap of $28.10 billion, a PE ratio of 28.65, a P/E/G ratio of 1.69 and a beta of 1.02. The firm’s fifty day moving average is $117.27 and its two-hundred day moving average is $120.66. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.12. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The company had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same period last year, the firm earned $1.26 EPS. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. Analysts expect that Xylem will post 5.67 earnings per share for the current year.

Xylem Company Profile

Xylem Inc (NYSE: XYL) is a global water technology company that designs, manufactures and services engineered systems and equipment for the transport, treatment, testing and efficient use of water. Its product portfolio spans pumps and pumping systems, valves, filtration and disinfection equipment, sensors and analytical instruments, and digital solutions for monitoring and control of water infrastructure. Xylem serves the full water cycle with offerings for water and wastewater utilities, industrial customers, commercial and residential buildings, and agricultural applications.

The company was established as an independent publicly traded company in 2011 following a corporate spin-off from ITT Corporation and is headquartered in Rye Brook, New York.