Ecolab Inc. (NYSE:ECL) Increases Dividend to $0.73 Per Share

Ecolab Inc. (NYSE:ECL) declared a quarterly dividend on Thursday, December 4th. Investors of record on Tuesday, December 16th will be given a dividend of 0.73 per share by the basic materials company on Thursday, January 15th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, December 16th. This is a 12.3% increase from Ecolab’s previous quarterly dividend of $0.65.

Ecolab has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 33 years. Ecolab has a payout ratio of 30.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Ecolab to earn $8.52 per share next year, which means the company should continue to be able to cover its $2.60 annual dividend with an expected future payout ratio of 30.5%.

Ecolab Price Performance

Shares of ECL stock opened at $264.46 on Friday. The firm has a market cap of $74.90 billion, a price-to-earnings ratio of 38.00, a PEG ratio of 2.49 and a beta of 0.98. Ecolab has a 12 month low of $221.62 and a 12 month high of $286.04. The company has a quick ratio of 1.33, a current ratio of 1.70 and a debt-to-equity ratio of 0.83. The stock has a 50-day moving average price of $268.35 and a 200 day moving average price of $269.04.

Ecolab (NYSE:ECL) last issued its earnings results on Tuesday, October 28th. The basic materials company reported $2.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.07. Ecolab had a net margin of 12.49% and a return on equity of 22.55%. The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same quarter last year, the firm earned $2.57 EPS. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. Ecolab has set its Q4 2025 guidance at 2.020-2.120 EPS and its FY 2025 guidance at 7.480-7.580 EPS. Research analysts expect that Ecolab will post 7.54 EPS for the current year.

Ecolab Company Profile

Ecolab Inc provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries.