Veralto Corporation (NYSE:VLTO) to Issue Quarterly Dividend of $0.13

Veralto Corporation (NYSE:VLTO - Get Free Report) announced a quarterly dividend on Tuesday, December 16th. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.13 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Wednesday, December 31st. This is a 18.2% increase from Veralto's previous quarterly dividend of $0.11.Veralto has a dividend payout ratio of 11.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Veralto to earn $3.99 per share next year, which means the company should continue to be able to cover its $0.44 annual dividend with an expected future payout ratio of 11.0%. Veralto Stock PerformanceShares of Veralto stock traded down $0.89 during mid-day trading on Tuesday, hitting $99.40. 2,195,613 shares of the stock were exchanged, compared to its average volume of 1,414,473. Veralto has a 12 month low of $83.86 and a 12 month high of $110.11. The company has a 50-day simple moving average of $100.63 and a 200 day simple moving average of $102.85. The company has a market capitalization of $24.68 billion, a P/E ratio of 27.23, a P/E/G ratio of 3.08 and a beta of 0.87. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.40 and a current ratio of 1.57. Veralto (NYSE:VLTO - Get Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.95 by $0.04. Veralto had a return on equity of 38.69% and a net margin of 16.75%.The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the company posted $0.89 earnings per share. Veralto's quarterly revenue was up 6.8% compared to the same quarter last year. Veralto has set its FY 2025 guidance at 3.820-3.850 EPS and its Q4 2025 guidance at 0.950-0.980 EPS. Sell-side analysts anticipate that Veralto will post 3.66 earnings per share for the current fiscal year. Veralto Company Profile (Get Free Report)Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications through the Hach, Trojan Technologies, and ChemTreat brands.See AlsoFive stocks we like better than VeraltoCD Calculator: Certificate of Deposit Calculator Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart BuyNatural Gas Prices Continue To Rally, These Stocks Should BenefitRTX Surges to Record Highs as Defense Orders ExplodeCompound Interest and Why It Matters When InvestingSmart Money Is Buying Auto Suppliers, Not Car BrandsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Veralto Right Now?Before you consider Veralto, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Veralto wasn't on the list.While Veralto currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here