Enpro Inc. (NYSE:NPO) Declares Quarterly Dividend of $0.32

Enpro Inc. (NYSE:NPO) announced a quarterly dividend on Thursday, July 30th. Stockholders of record on Wednesday, September 2nd will be given a dividend of 0.32 per share by the industrial products company on Wednesday, September 16th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, September 2nd.

Enpro has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 2 years. Enpro has a dividend payout ratio of 15.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Enpro to earn $10.55 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 12.1%.

Enpro Trading Up 5.6%

Shares of Enpro stock opened at $312.64 on Friday. The business has a fifty day simple moving average of $335.82 and a 200-day simple moving average of $290.82. Enpro has a fifty-two week low of $202.00 and a fifty-two week high of $390.42. The firm has a market cap of $6.61 billion, a price-to-earnings ratio of 154.01, a price-to-earnings-growth ratio of 2.15 and a beta of 1.51. The company has a quick ratio of 1.40, a current ratio of 2.20 and a debt-to-equity ratio of 0.39.

Enpro (NYSE:NPO) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.08 by $0.06. The firm had revenue of $303.00 million during the quarter, compared to analysts’ expectations of $303.90 million. Enpro had a net margin of 3.70% and a return on equity of 11.33%. The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period last year, the firm posted $1.90 earnings per share. Enpro has set its FY 2026 guidance at 8.850-9.500 EPS. On average, equities analysts forecast that Enpro will post 9.16 EPS for the current fiscal year.

About Enpro

Enpro Group, Inc (NYSE: NPO) is a global industrial technology company specializing in engineered products designed to perform in critical and harsh environments. The company’s product portfolio spans proprietary bearing materials and surface enhancement technologies, high-performance sealing solutions, and fluid handling components. Enpro’s offerings are tailored for markets such as semiconductor manufacturing, aerospace, energy, chemical processing, life sciences and general industrial applications.

Formed in December 2002 as a spin-off from the aerospace and defense supplier Goodrich Corporation, Enpro has grown through a combination of targeted acquisitions and focused organic investment in research and development.