Atmus Filtration Technologies Inc. (ATMU) to Issue Quarterly Dividend of $0.06 on June 10th

Atmus Filtration Technologies Inc. (NYSE:ATMU) announced a quarterly dividend on Tuesday, May 12th. Shareholders of record on Tuesday, May 26th will be paid a dividend of 0.055 per share on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Tuesday, May 26th.

Atmus Filtration Technologies has a payout ratio of 8.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Atmus Filtration Technologies to earn $3.21 per share next year, which means the company should continue to be able to cover its $0.22 annual dividend with an expected future payout ratio of 6.9%.

Atmus Filtration Technologies Trading Up 0.9%

Shares of NYSE ATMU opened at $48.88 on Friday. The company has a quick ratio of 1.70, a current ratio of 2.53 and a debt-to-equity ratio of 2.47. The business has a fifty day simple moving average of $57.81 and a two-hundred day simple moving average of $56.20. The firm has a market cap of $3.99 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 2.09 and a beta of 1.47. Atmus Filtration Technologies has a twelve month low of $34.58 and a twelve month high of $66.50.

Atmus Filtration Technologies (NYSE:ATMU) last issued its earnings results on Friday, May 1st. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.04. The business had revenue of $477.50 million during the quarter, compared to analyst estimates of $474.41 million. Atmus Filtration Technologies had a return on equity of 64.29% and a net margin of 11.56%.Atmus Filtration Technologies’s revenue was up 14.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.63 EPS. Atmus Filtration Technologies has set its FY 2026 guidance at 2.750-3.000 EPS. Analysts expect that Atmus Filtration Technologies will post 2.95 earnings per share for the current fiscal year.

Atmus Filtration Technologies Company Profile

Atmus Filtration Technologies is a global developer and manufacturer of high-performance filter media and filtration solutions. The company designs and produces advanced materials that capture airborne particles across a range of applications, from heating, ventilation and air-conditioning (HVAC) systems to industrial and cleanroom environments. By focusing on proprietary meltblown and nanofiber technologies, Atmus delivers media that balances efficiency, airflow and durability for both original equipment manufacturers (OEMs) and aftermarket customers.

The company’s product portfolio encompasses pleated and panel filter media, depth filtration products and specialty laminates used in industries such as commercial buildings, healthcare, transportation and power generation.