ESAB Corporation to Issue Quarterly Dividend of $0.12 (NYSE:ESAB)

ESAB Corporation (NYSE:ESAB) announced a quarterly dividend on Thursday, September 10th. Shareholders of record on Friday, October 2nd will be given a dividend of 0.12 per share on Friday, October 16th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, October 2nd.

ESAB has a payout ratio of 8.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect ESAB to earn $6.54 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 7.3%.

ESAB Price Performance

NYSE:ESAB opened at $69.22 on Friday. The stock has a 50 day moving average of $84.12 and a two-hundred day moving average of $94.11. ESAB has a 12 month low of $68.22 and a 12 month high of $137.42. The firm has a market cap of $4.30 billion, a P/E ratio of 24.81, a price-to-earnings-growth ratio of 1.42 and a beta of 1.17. The company has a current ratio of 1.96, a quick ratio of 1.22 and a debt-to-equity ratio of 0.99.

ESAB (NYSE:ESAB) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.04). ESAB had a return on equity of 14.48% and a net margin of 5.75%.The firm had revenue of $807.63 million during the quarter, compared to analyst estimates of $755.64 million. During the same period in the prior year, the firm earned $1.36 earnings per share. The business’s revenue was up 12.9% on a year-over-year basis. ESAB has set its FY 2026 guidance at 5.400-5.500 EPS. On average, analysts expect that ESAB will post 5.46 earnings per share for the current fiscal year.

About ESAB

ESAB Corporation is a global leader in welding, cutting and gas control technologies, offering a comprehensive portfolio of equipment, consumables and automation solutions. The company’s products include welding power sources, cutting machines, torches, electrodes, filler metals and gas regulating equipment designed to meet the needs of diverse industries. ESAB serves sectors such as construction, shipbuilding, automotive, energy, infrastructure and manufacturing, providing both standard and customized solutions to enhance productivity and quality in metal fabrication and processing.

Founded in 1904 by Swedish inventor Oscar Kjellberg, ESAB pioneered the development of coated welding electrodes, laying the groundwork for modern welding practices.