Xylem Inc. (XYL) To Go Ex-Dividend on May 28th

Xylem Inc. (NYSE:XYL) declared a quarterly dividend on Friday, May 15th. Shareholders of record on Thursday, May 28th will be paid a dividend of 0.43 per share by the industrial products company on Thursday, June 25th. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, May 28th.

Xylem has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 2 years. Xylem has a payout ratio of 33.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Xylem to earn $6.04 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 28.5%.

Xylem Stock Performance

Shares of XYL stock opened at $110.41 on Tuesday. The stock’s 50-day moving average is $118.69 and its two-hundred day moving average is $130.76. The firm has a market cap of $26.24 billion, a price-to-earnings ratio of 27.46, a PEG ratio of 1.57 and a beta of 1.08. Xylem has a 1 year low of $105.29 and a 1 year high of $154.27. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.46.

Xylem (NYSE:XYL) last released its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.03. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The firm had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same quarter last year, the company posted $1.03 earnings per share. The business’s revenue was up 2.7% on a year-over-year basis. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Analysts predict that Xylem will post 5.51 earnings per share for the current year.

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.