Teleflex Incorporated (NYSE:TFX) Plans Quarterly Dividend of $0.34

Teleflex Incorporated (NYSE:TFX) declared a quarterly dividend on Thursday, November 6th. Stockholders of record on Friday, November 14th will be given a dividend of 0.34 per share by the medical technology company on Monday, December 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, November 14th.

Teleflex has a dividend payout ratio of 9.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Teleflex to earn $15.18 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 9.0%.

Teleflex Price Performance

Shares of TFX stock traded down $16.25 during trading hours on Thursday, reaching $108.50. The stock had a trading volume of 2,953,542 shares, compared to its average volume of 743,018. The stock’s fifty day simple moving average is $126.36 and its 200 day simple moving average is $123.37. The company has a current ratio of 2.41, a quick ratio of 1.44 and a debt-to-equity ratio of 0.42. Teleflex has a 12 month low of $102.58 and a 12 month high of $203.33. The firm has a market capitalization of $4.79 billion, a PE ratio of 25.53, a PEG ratio of 1.79 and a beta of 1.05.

Teleflex (NYSE:TFX) last released its quarterly earnings data on Thursday, November 6th. The medical technology company reported $3.67 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.29. Teleflex had a net margin of 6.31% and a return on equity of 15.08%. The company had revenue of $892.90 million during the quarter, compared to analyst estimates of $892.79 million. During the same period last year, the business earned $3.49 earnings per share. Teleflex’s revenue was up 19.4% compared to the same quarter last year. Teleflex has set its FY 2025 guidance at 14.000-14.200 EPS. On average, equities research analysts predict that Teleflex will post 13.98 EPS for the current year.

Teleflex Company Profile

Teleflex Incorporated designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications worldwide. The company provides vascular access products that comprise Arrow branded catheters, catheter navigation and tip positioning systems, and intraosseous access systems for the administration of intravenous therapies, the measurement of blood pressure, and the withdrawal of blood samples through a single puncture site.