DENTSPLY International Announces Quarterly Dividend of $0.06 (XRAY)
DENTSPLY International (NASDAQ:XRAY) announced a quarterly dividend on Wednesday, February 27th. Investors of record on Friday, March 29th will be paid a dividend of $0.06 per share on Friday, April 12th. This represents a $0.25 annualized dividend and a dividend yield of 0.61%. The ex-dividend date is Tuesday, March 26th. This is an increase from DENTSPLY International’s previous quarterly dividend of $0.06.
A number of analysts have recently weighed in on XRAY shares. Analysts at Credit Suisse raised their price target on shares of DENTSPLY International from $39.00 to $43.00 in a research note to investors on Friday, February 22nd. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of DENTSPLY International in a research note to investors on Friday, February 22nd. They now have a $43.00 price target on the stock. Finally, analysts at UBS AG raised their price target on shares of DENTSPLY International from $35.00 to $38.00 in a research note to investors on Thursday, February 21st. They now have a “sell” rating on the stock.
Three analysts have rated the stock with a buy rating, three have issued an overweight rating, seven have issued a hold rating, one has issued an underweight rating, and one has given a sell rating to the stock. DENTSPLY International presently has a consensus rating of “hold” and a consensus price target of $43.24.
DENTSPLY International (XRAY) traded up 1.03% on Wednesday, hitting $41.30. DENTSPLY International (XRAY) has a 52-week low of $35.04 and a 52-week high of $43.51. The stock’s 50-day moving average is currently $41.65. The company has a market cap of $5.900 billion and a price-to-earnings ratio of 18.75.
DENTSPLY International last issued its quarterly earnings data on Wednesday, February 20th. The company reported $0.56 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.56. The company had revenue of $753.30 million for the quarter, compared to the consensus estimate of $748.56 million. During the same quarter last year, the company posted $0.51 earnings per share. DENTSPLY International’s revenue was up 2.1% compared to the same quarter last year. On average, analysts predict that DENTSPLY International (XRAY) will post $2.42 earnings per share for the current fiscal year.
DENTSPLY International Inc (DENTSPLY) is a designer, developer, manufacturer and marketer of a range of products for the dental market.
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