Vontier Corporation (NYSE:VNT) Declares Quarterly Dividend of $0.03

Vontier Corporation (NYSE:VNT) announced a quarterly dividend on Thursday, August 13th. Investors of record on Thursday, September 3rd will be paid a dividend of 0.025 per share on Thursday, September 24th. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, September 3rd.

Vontier has a dividend payout ratio of 2.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Vontier to earn $3.75 per share next year, which means the company should continue to be able to cover its $0.10 annual dividend with an expected future payout ratio of 2.7%.

Vontier Trading Down 0.9%

Shares of NYSE:VNT opened at $33.10 on Friday. The business’s 50 day simple moving average is $30.53 and its 200 day simple moving average is $33.98. Vontier has a 1 year low of $27.25 and a 1 year high of $48.20. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.25 and a quick ratio of 0.94. The company has a market capitalization of $4.48 billion, a P/E ratio of 13.74, a P/E/G ratio of 1.15 and a beta of 1.15.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.09. The firm had revenue of $756.70 million during the quarter, compared to analysts’ expectations of $747.12 million. Vontier had a return on equity of 38.57% and a net margin of 11.34%.The company’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.79 EPS. Vontier has set its FY 2026 guidance at 3.450-3.550 EPS and its Q3 2026 guidance at 0.820-0.860 EPS. On average, research analysts anticipate that Vontier will post 3.49 EPS for the current fiscal year.

Vontier announced that its board has initiated a stock repurchase program on Tuesday, May 19th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to repurchase up to 25.4% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

About Vontier

Vontier is a global industrial technology company focused on advancing mobility infrastructure and transportation solutions. Established as a standalone public company in October 2020 through the spin-off of Fortive’s mobility and transportation platforms, Vontier is headquartered in Raleigh, North Carolina. The company’s mission centers on delivering innovative products and services that help customers meet evolving demands in fuel retail, fleet management, and automotive service.

The company’s diversified portfolio spans several well-known brands.