Amphenol Corporation (NYSE:APH) announced a quarterly dividend on Wednesday, July 26th, RTT News reports. Stockholders of record on Monday, September 18th will be given a dividend of 0.19 per share by the electronics maker on Wednesday, October 11th. This represents a $0.76 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend is Friday, September 15th. This is a positive change from Amphenol Corporation’s previous quarterly dividend of $0.16.

Amphenol Corporation has raised its dividend payment by an average of 29.6% annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Amphenol Corporation has a dividend payout ratio of 24.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Amphenol Corporation to earn $3.25 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 23.4%.

Shares of Amphenol Corporation (APH) opened at 81.72 on Thursday. The stock’s 50 day moving average price is $78.86 and its 200 day moving average price is $74.25. Amphenol Corporation has a 1-year low of $61.38 and a 1-year high of $82.30. The company has a market cap of $24.96 billion, a P/E ratio of 27.52 and a beta of 0.76.

Amphenol Corporation (NYSE:APH) last released its quarterly earnings results on Wednesday, July 26th. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.09. Amphenol Corporation had a return on equity of 24.98% and a net margin of 14.37%. The firm had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter last year, the business posted $0.65 EPS. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. Equities research analysts forecast that Amphenol Corporation will post $3.09 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by Daily Political and is the sole property of of Daily Political. If you are reading this piece of content on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The legal version of this piece of content can be read at https://www.dailypolitical.com/2017/09/14/amphenol-corporation-aph-to-go-ex-dividend-on-september-15th.html.

In other news, VP William J. Doherty sold 61,800 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $78.12, for a total transaction of $4,827,816.00. Following the completion of the sale, the vice president now owns 8,800 shares in the company, valued at $687,456. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Craig A. Lampo sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $79.70, for a total value of $1,195,500.00. Following the sale, the chief financial officer now owns 40,000 shares of the company’s stock, valued at approximately $3,188,000. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 433,200 shares of company stock valued at $33,886,886. Corporate insiders own 2.51% of the company’s stock.

A number of analysts recently issued reports on the company. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Amphenol Corporation in a research report on Thursday, June 1st. Zacks Investment Research downgraded Amphenol Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, June 6th. BidaskClub downgraded Amphenol Corporation from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 21st. Finally, Goldman Sachs Group, Inc. (The) downgraded Amphenol Corporation from a “buy” rating to a “neutral” rating and lifted their target price for the company from $75.00 to $78.00 in a research report on Wednesday, July 5th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. Amphenol Corporation currently has a consensus rating of “Buy” and a consensus target price of $79.75.

Amphenol Corporation Company Profile

Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.

Dividend History for Amphenol Corporation (NYSE:APH)

Receive News & Ratings for Amphenol Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol Corporation and related companies with MarketBeat.com's FREE daily email newsletter.