Sensient Technologies Corporation (SXT) To Go Ex-Dividend on August 3rd

Sensient Technologies Corporation (NYSE:SXT) announced a quarterly dividend on Thursday, July 23rd. Investors of record on Monday, August 3rd will be paid a dividend of 0.41 per share by the specialty chemicals company on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Monday, August 3rd.

Sensient Technologies has increased its dividend by an average of 0.0%annually over the last three years. Sensient Technologies has a dividend payout ratio of 42.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Sensient Technologies to earn $4.90 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 33.5%.

Sensient Technologies Stock Performance

SXT opened at $123.87 on Friday. The company has a current ratio of 4.39, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. Sensient Technologies has a 12-month low of $82.60 and a 12-month high of $131.04. The firm has a 50 day moving average of $117.76 and a two-hundred day moving average of $105.25. The firm has a market capitalization of $5.27 billion, a PE ratio of 33.39 and a beta of 0.78.

Sensient Technologies (NYSE:SXT) last released its quarterly earnings data on Friday, July 24th. The specialty chemicals company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.17. The firm had revenue of $462.08 million for the quarter, compared to analyst estimates of $448.84 million. Sensient Technologies had a net margin of 9.27% and a return on equity of 13.77%. The business’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.88 earnings per share. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. On average, analysts anticipate that Sensient Technologies will post 4.2 EPS for the current year.

About Sensient Technologies

Sensient Technologies Corporation is a global leader in the manufacture and supply of colors, flavors and fragrances for a broad range of end-markets. The company develops and produces ingredients that enhance the appearance, taste and scent of products in the food, beverage, nutraceutical, pharmaceutical, personal care and household sectors. Its portfolio includes natural and synthetic colorants, botanical and artificial flavor systems, fragrance compounds and specialty chemical offerings tailored to customer specifications.

Within its flavor and fragrance division, Sensient provides custom formulations for sweet, savory and umami taste profiles along with fragrance blends for personal care and cosmetic applications.