John Bean Technologies Co. (JBT) Plans Quarterly Dividend of $0.07
John Bean Technologies (NYSE:JBT) announced a quarterly dividend on Tuesday, February 26th. Stockholders of record on Monday, March 11th will be paid a dividend of $0.07 per share on Monday, March 25th. This represents a $0.28 annualized dividend and a dividend yield of 1.55%.
A number of analysts have recently weighed in on JBT shares. Analysts at TheStreet upgraded shares of John Bean Technologies to a “buy” rating in a research note to investors on Tuesday, January 22nd. Analysts at Zacks upgraded shares of John Bean Technologies from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 25th. They now have a $17.90 price target on the stock.
John Bean Technologies (JBT) traded up 0.83% on Tuesday, hitting $18.21. John Bean Technologies (JBT) has a 1-year low of $12.76 and a 1-year high of $18.93. The stock’s 50-day moving average is currently $18.40. The company has a market cap of $526.7 million and a price-to-earnings ratio of 21.53.
John Bean Technologies Corporation (JBT Corporation) is a global technology solutions provider for the food processing and air transportation industries.
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