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

Key Points

• Edgewell Personal Care declared a quarterly dividend of $0.15 per share, payable October 8 to shareholders of record on September 9. The dividend equates to $0.60 annually and a yield of approximately 2.1%.
• The dividend appears supported by earnings, with a current payout ratio of 19.6% and an expected future payout ratio of 28.4% based on projected next-year earnings of $2.11 per share.
• Edgewell’s latest quarterly EPS of $0.72 exceeded analyst expectations of $0.64, although revenue fell 9.1% year over year to $570.1 million. The stock was trading at $29.23, up 2.4%.

Edgewell Personal Care Company (NYSE:EPC - Get Free Report) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Wednesday, September 9th will be paid a dividend of 0.15 per share on Thursday, October 8th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Wednesday, September 9th.

Edgewell Personal Care has a dividend payout ratio of 19.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Edgewell Personal Care to earn $2.11 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 28.4%.

Edgewell Personal Care Trading Up 2.4%

EPC opened at $29.23 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.81 and a debt-to-equity ratio of 0.86. Edgewell Personal Care has a twelve month low of $15.73 and a twelve month high of $29.95. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of -17.50 and a beta of 0.39. The company has a 50-day simple moving average of $25.04 and a 200 day simple moving average of $22.18.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.64 by $0.08. The firm had revenue of $570.10 million for the quarter, compared to analysts' expectations of $574.87 million. Edgewell Personal Care had a negative net margin of 3.69% and a positive return on equity of 6.31%. The company's revenue was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.04 earnings per share. Edgewell Personal Care has set its FY 2026 guidance at 1.800-2.000 EPS. Analysts predict that Edgewell Personal Care will post 1.94 EPS for the current fiscal year.

Institutional Investors Weigh In On Edgewell Personal Care

Hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted its holdings in shares of Edgewell Personal Care by 679.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,279 shares of the company's stock worth $27,000 after buying an additional 1,115 shares in the last quarter. Aster Capital Management DIFC Ltd lifted its position in shares of Edgewell Personal Care by 158.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,486 shares of the company's stock valued at $25,000 after acquiring an additional 910 shares during the period. Meeder Asset Management Inc. bought a new position in Edgewell Personal Care during the fourth quarter worth $30,000. Quadrant Capital Group LLC grew its holdings in Edgewell Personal Care by 291.9% in the fourth quarter. Quadrant Capital Group LLC now owns 1,975 shares of the company's stock worth $34,000 after purchasing an additional 1,471 shares during the period. Finally, Hantz Financial Services Inc. increased its stake in Edgewell Personal Care by 45.3% in the fourth quarter. Hantz Financial Services Inc. now owns 3,907 shares of the company's stock valued at $67,000 after purchasing an additional 1,218 shares in the last quarter. 91.91% of the stock is currently owned by institutional investors.

Edgewell Personal Care Company Profile

Edgewell Personal Care Inc, incorporated in 2015 and headquartered in Shelton, Connecticut, is a global consumer products company specializing in personal care, sun care, shaving and feminine care solutions. The company emerged as a spin-off from Energizer Holdings' personal care division, listing its shares on the New York Stock Exchange under the ticker “EPC.” Edgewell's portfolio comprises well-known brands that cater to everyday personal grooming and protection needs.

In the shaving segment, Edgewell markets razors and refill blades under brands such as Schick and Wilkinson Sword, targeting both men's and women's grooming categories.

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