Sensient Technologies Corporation (SXT) to Issue Quarterly Dividend of $0.41 on June 1st

Sensient Technologies Corporation (NYSE:SXT) declared a quarterly dividend on Thursday, April 23rd. Investors of record on Monday, May 11th will be paid a dividend of 0.41 per share by the specialty chemicals company on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, May 11th.

Sensient Technologies has increased its dividend payment by an average of 0.0%annually over the last three years. Sensient Technologies has a dividend payout ratio of 42.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Sensient Technologies to earn $4.65 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 35.3%.

Sensient Technologies Trading Up 0.1%

Shares of SXT opened at $118.02 on Friday. The business’s 50-day moving average price is $96.65 and its 200 day moving average price is $95.59. The stock has a market capitalization of $5.02 billion, a P/E ratio of 34.81 and a beta of 0.81. Sensient Technologies has a 1-year low of $82.60 and a 1-year high of $129.35. The company has a current ratio of 5.01, a quick ratio of 1.97 and a debt-to-equity ratio of 0.63.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.24. The firm had revenue of $435.83 million for the quarter, compared to analysts’ expectations of $411.39 million. Sensient Technologies had a return on equity of 13.12% and a net margin of 8.71%.Sensient Technologies’s revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the business posted $0.86 EPS. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. Analysts expect that Sensient Technologies will post 3.9 earnings per share for the current year.

About Sensient Technologies

Sensient Technologies Corporation is a global leader in the manufacture and supply of colors, flavors and fragrances for a broad range of end-markets. The company develops and produces ingredients that enhance the appearance, taste and scent of products in the food, beverage, nutraceutical, pharmaceutical, personal care and household sectors. Its portfolio includes natural and synthetic colorants, botanical and artificial flavor systems, fragrance compounds and specialty chemical offerings tailored to customer specifications.

Within its flavor and fragrance division, Sensient provides custom formulations for sweet, savory and umami taste profiles along with fragrance blends for personal care and cosmetic applications.