Ecolab Inc. (NYSE:ECL – Get Free Report) declared a quarterly dividend on Thursday, August 6th. Investors of record on Tuesday, September 15th will be given a dividend of 0.73 per share by the basic materials company on Thursday, October 15th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 15th.
Ecolab has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 33 consecutive years. Ecolab has a dividend payout ratio of 34.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Ecolab to earn $9.39 per share next year, which means the company should continue to be able to cover its $2.92 annual dividend with an expected future payout ratio of 31.1%.
Ecolab Stock Performance
NYSE:ECL opened at $276.32 on Friday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.84 and a quick ratio of 1.57. The business has a fifty day simple moving average of $278.37 and a two-hundred day simple moving average of $272.26. Ecolab has a 1 year low of $243.15 and a 1 year high of $309.27. The company has a market capitalization of $77.46 billion, a P/E ratio of 37.09, a P/E/G ratio of 2.68 and a beta of 0.88.
Ecolab Company Profile
Ecolab Inc (NYSE:ECL) provides water, hygiene, infection prevention and technology solutions to businesses and institutions worldwide. Its customers include restaurants, hotels, hospitals, manufacturers, food and beverage companies, retailers and other organizations that rely on safe, efficient and sustainable operating environments.
The company’s offerings include cleaning and sanitizing products, water-treatment and process-management systems, food-safety programs, infection-prevention solutions and pest-elimination services.
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