Hexcel Corporation (HXL) to Issue Quarterly Dividend of $0.18 on August 17th

Hexcel Corporation (NYSE:HXL) announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Monday, August 10th will be given a dividend of 0.18 per share by the aerospace company on Monday, August 17th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date is Monday, August 10th.

Hexcel has increased its dividend payment by an average of 0.3%per year over the last three years and has increased its dividend every year for the last 3 years. Hexcel has a payout ratio of 28.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Hexcel to earn $3.42 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 21.1%.

Hexcel Price Performance

Shares of Hexcel stock opened at $103.23 on Friday. The business has a 50 day simple moving average of $99.62 and a two-hundred day simple moving average of $91.01. Hexcel has a 12 month low of $59.79 and a 12 month high of $111.74. The stock has a market capitalization of $7.81 billion, a P/E ratio of 51.88, a PEG ratio of 1.47 and a beta of 1.06. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.43 and a quick ratio of 1.37.

Hexcel (NYSE:HXL) last released its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.09. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The business had revenue of $529.30 million for the quarter, compared to the consensus estimate of $528.08 million. During the same quarter last year, the business posted $0.50 earnings per share. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, analysts predict that Hexcel will post 2.36 EPS for the current fiscal year.

Hexcel Company Profile

Hexcel Corporation is a global leader in advanced composite materials for aerospace and industrial applications. The company specializes in the development and manufacture of lightweight, high-performance products that enhance fuel efficiency, durability and structural strength. Its offerings are critical to the aerospace sector, where demand for lighter, more efficient aircraft drives continuous innovation in materials.

Hexcel’s product portfolio encompasses carbon fiber reinforcements, pre-impregnated composites (prepregs), honeycomb core, engineered adhesives and structural film adhesives.