JBT Marel Corporation (JBTM) to Issue Quarterly Dividend of $0.10 on June 9th

JBT Marel Corporation (NYSE:JBTM) declared a quarterly dividend on Thursday, May 14th. Investors of record on Tuesday, May 26th will be given a dividend of 0.10 per share on Tuesday, June 9th. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date is Tuesday, May 26th.

JBT Marel Price Performance

JBT Marel stock opened at $125.21 on Friday. The business’s 50-day simple moving average is $131.07 and its 200 day simple moving average is $143.73. The stock has a market cap of $6.52 billion, a price-to-earnings ratio of 39.13, a P/E/G ratio of 1.32 and a beta of 0.92. JBT Marel has a 12-month low of $111.07 and a 12-month high of $170.19. The company has a quick ratio of 0.61, a current ratio of 1.01 and a debt-to-equity ratio of 0.32.

JBT Marel (NYSE:JBTM) last posted its quarterly earnings results on Monday, May 4th. The company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.09. The business had revenue of $936.00 million for the quarter. JBT Marel had a return on equity of 8.25% and a net margin of 4.32%.JBT Marel’s revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.97 EPS. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. As a group, research analysts anticipate that JBT Marel will post 8.24 earnings per share for the current year.

JBT Marel Company Profile

JBT Marel Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.