Xylem Inc. to Issue Quarterly Dividend of $0.43 (NYSE:XYL)

Key Points

• Xylem declared a quarterly dividend of $0.43 per share, payable September 24 to shareholders of record on August 27. The dividend implies an annualized payout of $1.72 per share and a 1.4% yield.
• The dividend appears well covered, with a current payout ratio of 33.3% and an expected future payout ratio of 28.1%, based on projected earnings of $6.13 per share.
• Xylem exceeded quarterly earnings expectations, reporting $1.46 in EPS versus the $1.34 consensus estimate, while revenue rose 1.5% year over year to $2.34 billion. Analysts maintain a consensus “Moderate Buy” rating with a $154.23 price target.

Xylem Inc. (NYSE:XYL - Get Free Report) announced a quarterly dividend on Thursday, August 13th. Investors of record on Thursday, August 27th will be given a dividend of 0.43 per share by the industrial products company on Thursday, September 24th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, August 27th.

Xylem has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 2 years. Xylem has a dividend payout ratio of 33.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Xylem to earn $6.13 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 28.1%.

Xylem Price Performance

Shares of NYSE:XYL opened at $120.35 on Friday. The business's fifty day moving average price is $117.27 and its two-hundred day moving average price is $120.66. The stock has a market cap of $28.10 billion, a PE ratio of 28.65, a price-to-earnings-growth ratio of 1.69 and a beta of 1.02. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.24 and a current ratio of 1.61. Xylem has a one year low of $105.29 and a one year high of $154.27.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.12. Xylem had a return on equity of 11.77% and a net margin of 11.15%.The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter last year, the business posted $1.26 earnings per share. Xylem's revenue was up 1.5% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.550-5.700 EPS. On average, analysts forecast that Xylem will post 5.67 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

XYL has been the subject of several recent research reports. UBS Group increased their price objective on shares of Xylem from $135.00 to $138.00 and gave the stock a "neutral" rating in a research report on Thursday. Citigroup restated a "buy" rating on shares of Xylem in a report on Wednesday, July 29th. JPMorgan Chase & Co. decreased their price target on shares of Xylem from $170.00 to $160.00 and set an "overweight" rating for the company in a research report on Thursday, April 16th. Mizuho increased their price target on Xylem from $124.00 to $130.00 and gave the company a "neutral" rating in a report on Wednesday, July 29th. Finally, Robert W. Baird raised their price objective on Xylem from $163.00 to $165.00 and gave the company an "outperform" rating in a research report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Xylem currently has a consensus rating of "Moderate Buy" and a consensus price target of $154.23.

Xylem Company Profile

Xylem Inc NYSE: XYL is a global water technology company that designs, manufactures and services engineered systems and equipment for the transport, treatment, testing and efficient use of water. Its product portfolio spans pumps and pumping systems, valves, filtration and disinfection equipment, sensors and analytical instruments, and digital solutions for monitoring and control of water infrastructure. Xylem serves the full water cycle with offerings for water and wastewater utilities, industrial customers, commercial and residential buildings, and agricultural applications.

The company was established as an independent publicly traded company in 2011 following a corporate spin-off from ITT Corporation and is headquartered in Rye Brook, New York.

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