Cantel Medical Corp. (NYSE:CMD) announced a Semi-Annual dividend on Wednesday, November 1st, Zacks reports. Investors of record on Wednesday, January 17th will be given a dividend of 0.085 per share on Wednesday, January 31st. This represents a yield of 0.17%. The ex-dividend date of this dividend is Tuesday, January 16th. This is a positive change from Cantel Medical’s previous Semi-Annual dividend of $0.07.
Cantel Medical has a dividend payout ratio of 7.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Cantel Medical to earn $2.71 per share next year, which means the company should continue to be able to cover its $0.17 annual dividend with an expected future payout ratio of 6.3%.
Cantel Medical (NYSE:CMD) traded down $1.36 during trading hours on Friday, reaching $111.25. The company had a trading volume of 131,604 shares, compared to its average volume of 121,652. The company has a quick ratio of 1.48, a current ratio of 2.44 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $4,637.52 and a price-to-earnings ratio of 61.46. Cantel Medical has a fifty-two week low of $69.21 and a fifty-two week high of $116.79.
About Cantel Medical
Cantel Medical Corp. is a provider of infection prevention products and services in the healthcare market. The Company’s operating segments include Endoscopy; Water Purification and Filtration; Healthcare Disposables, and Dialysis. Its Endoscopy segment includes medical device reprocessing systems, disinfectants, detergents and other supplies.
Receive News & Ratings for Cantel Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cantel Medical and related companies with MarketBeat.com's FREE daily email newsletter.