Amphenol Corporation (NYSE:APH – Get Free Report) declared a quarterly dividend on Thursday, February 5th. Shareholders of record on Monday, March 23rd will be given a dividend of 0.25 per share by the electronics maker on Tuesday, April 14th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, March 23rd.
Amphenol has raised its dividend by an average of 0.2%per year over the last three years. Amphenol has a payout ratio of 34.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Amphenol to earn $2.64 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 37.9%.
Amphenol Stock Up 6.8%
Shares of APH opened at $136.35 on Friday. The company has a market capitalization of $166.90 billion, a price-to-earnings ratio of 40.82, a PEG ratio of 1.35 and a beta of 1.20. Amphenol has a 52 week low of $56.45 and a 52 week high of $167.04. The stock’s 50-day moving average price is $141.27 and its 200-day moving average price is $128.54. The company has a quick ratio of 2.48, a current ratio of 2.98 and a debt-to-equity ratio of 1.08.
Wall Street Analyst Weigh In
APH has been the subject of several recent analyst reports. Truist Financial set a $182.00 price target on Amphenol in a research note on Tuesday, January 13th. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, January 21st. US Capital Advisors set a $165.00 target price on Amphenol in a research report on Friday, January 9th. Robert W. Baird set a $139.00 target price on shares of Amphenol and gave the company an “outperform” rating in a research report on Friday, October 10th. Finally, UBS Group reissued a “buy” rating and set a $174.00 target price (up previously from $152.00) on shares of Amphenol in a research note on Wednesday, January 14th. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $151.38.
Check Out Our Latest Report on Amphenol
Amphenol Company Profile
Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.
Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.
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