Sensient Technologies Co. (NYSE:SXT) Plans Quarterly Dividend of $0.41

Sensient Technologies Co. (NYSE:SXT) declared a quarterly dividend on Thursday, April 25th, Zacks reports. Stockholders of record on Monday, May 6th will be given a dividend of 0.41 per share by the specialty chemicals company on Monday, June 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.33%. The ex-dividend date is Friday, May 3rd.

Sensient Technologies has raised its dividend by an average of 1.7% annually over the last three years. Sensient Technologies has a dividend payout ratio of 49.7% meaning its dividend is sufficiently covered by earnings.

Sensient Technologies Price Performance

Shares of NYSE:SXT traded up $0.72 during trading hours on Friday, hitting $70.36. 271,131 shares of the company’s stock traded hands, compared to its average volume of 258,382. Sensient Technologies has a 52 week low of $52.90 and a 52 week high of $78.70. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.43 and a current ratio of 3.96. The company’s fifty day simple moving average is $68.02 and its two-hundred day simple moving average is $63.22. The company has a market cap of $2.98 billion, a price-to-earnings ratio of 31.69 and a beta of 0.79.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings data on Friday, April 26th. The specialty chemicals company reported $0.79 earnings per share for the quarter. The company had revenue of $384.67 million during the quarter. Sensient Technologies had a net margin of 6.41% and a return on equity of 11.52%. As a group, equities analysts anticipate that Sensient Technologies will post 2.95 EPS for the current fiscal year.

Sensient Technologies Company Profile

Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and other specialty ingredients in North America, Europe, Asia, Australia, South America, and Africa. The company offers flavor-delivery systems, and compounded and blended products; ingredient products, such as essential oils, natural and synthetic flavors, and natural extracts; and chili powder, paprika, and chili pepper, as well as dehydrated vegetables comprising parsley, celery, and spinach to the food, beverage, and personal care industries.