Atmus Filtration Technologies Inc. (ATMU) to Issue Quarterly Dividend of $0.06 on September 9th

Atmus Filtration Technologies Inc. (NYSE:ATMU) announced a quarterly dividend on Friday, August 14th. Stockholders of record on Thursday, August 27th will be paid a dividend of 0.06 per share on Wednesday, September 9th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, August 27th. This is a 9.1% increase from Atmus Filtration Technologies’s previous quarterly dividend of $0.06.

Atmus Filtration Technologies has a payout ratio of 8.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Atmus Filtration Technologies to earn $3.27 per share next year, which means the company should continue to be able to cover its $0.22 annual dividend with an expected future payout ratio of 6.7%.

Atmus Filtration Technologies Price Performance

Atmus Filtration Technologies stock opened at $50.92 on Friday. Atmus Filtration Technologies has a 12-month low of $41.82 and a 12-month high of $66.50. The company has a current ratio of 2.65, a quick ratio of 1.83 and a debt-to-equity ratio of 2.18. The firm has a 50-day moving average price of $51.25 and a 200-day moving average price of $55.70. The firm has a market capitalization of $4.16 billion, a PE ratio of 19.51, a price-to-earnings-growth ratio of 2.17 and a beta of 1.19.

Atmus Filtration Technologies (NYSE:ATMU) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.04. The company had revenue of $527.90 million for the quarter, compared to analyst estimates of $507.02 million. Atmus Filtration Technologies had a net margin of 11.32% and a return on equity of 59.85%. The firm’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.75 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.850-3.000 EPS. As a group, equities research analysts forecast that Atmus Filtration Technologies will post 2.94 EPS for the current year.

About Atmus Filtration Technologies

Atmus Filtration Technologies is a global developer and manufacturer of high-performance filter media and filtration solutions. The company designs and produces advanced materials that capture airborne particles across a range of applications, from heating, ventilation and air-conditioning (HVAC) systems to industrial and cleanroom environments. By focusing on proprietary meltblown and nanofiber technologies, Atmus delivers media that balances efficiency, airflow and durability for both original equipment manufacturers (OEMs) and aftermarket customers.

The company’s product portfolio encompasses pleated and panel filter media, depth filtration products and specialty laminates used in industries such as commercial buildings, healthcare, transportation and power generation.