Edgewell Personal Care Company (NYSE:EPC) Announces $0.15 Quarterly Dividend

Key Points

• Edgewell Personal Care Company announced a quarterly dividend of $0.15 per share, with an annualized dividend yield of 2.8%. The ex-dividend date is set for September 4th.
• The company reported a net margin of 3.81% and a revenue decline of 3.2% year-over-year, with earnings per share (EPS) of $0.92, missing estimates of $1.01.
• Edgewell has a dividend payout ratio of 19.6%, indicating that its dividends are well-covered by earnings, suggesting sustainability in future payouts.

Edgewell Personal Care Company (NYSE:EPC - Get Free Report) announced a quarterly dividend on Wednesday, August 6th, Wall Street Journal reports. Stockholders of record on Thursday, September 4th will be given a dividend of 0.15 per share on Wednesday, October 8th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, September 4th.

Edgewell Personal Care has a dividend payout ratio of 19.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Edgewell Personal Care to earn $3.38 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 17.8%.

Edgewell Personal Care Stock Performance

EPC stock traded up $1.51 during trading on Wednesday, hitting $21.80. The company had a trading volume of 2,749,910 shares, compared to its average volume of 658,430. The company has a quick ratio of 0.93, a current ratio of 1.89 and a debt-to-equity ratio of 0.95. The firm has a 50-day moving average price of $25.25 and a 200-day moving average price of $28.56. Edgewell Personal Care has a 1-year low of $19.13 and a 1-year high of $40.71. The firm has a market cap of $1.03 billion, a PE ratio of 12.75 and a beta of 0.81.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.92 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.09). The firm had revenue of $627.20 million for the quarter, compared to analysts' expectations of $658.51 million. Edgewell Personal Care had a return on equity of 9.20% and a net margin of 3.81%. Edgewell Personal Care's revenue was down 3.2% compared to the same quarter last year. During the same period last year, the firm earned $1.22 EPS. On average, analysts expect that Edgewell Personal Care will post 3.16 earnings per share for the current year.

Edgewell Personal Care Company Profile

Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.

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