Ecolab Inc. (NYSE:ECL) Announces $0.73 Quarterly Dividend

Ecolab Inc. (NYSE:ECLGet Free Report) announced a quarterly dividend on Thursday, August 6th. Shareholders of record on Tuesday, September 15th will be paid 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 1.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

Ecolab has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 33 years. Ecolab has a payout ratio of 34.6% indicating that its dividend is sufficiently covered by earnings. 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

Shares of NYSE ECL opened at $283.29 on Friday. The stock’s 50-day moving average is $271.60 and its 200 day moving average is $273.68. The stock has a market cap of $79.73 billion, a price-to-earnings ratio of 38.03, a P/E/G ratio of 2.46 and a beta of 0.88. Ecolab has a 1-year low of $243.15 and a 1-year high of $309.27. The company has a current ratio of 1.84, a quick ratio of 1.57 and a debt-to-equity ratio of 1.18.

Ecolab (NYSE:ECLGet Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The basic materials company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $2.08 by $0.01. Ecolab had a net margin of 12.57% and a return on equity of 22.72%. The business had revenue of $4.42 billion for the quarter, compared to analysts’ expectations of $4.38 billion. During the same period last year, the business earned $1.89 earnings per share. The business’s quarterly revenue was up 9.7% on a year-over-year basis. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. On average, sell-side analysts anticipate that Ecolab will post 8.17 EPS for the current fiscal year.

About Ecolab

(Get Free Report)

Ecolab, Inc is a global provider of water, hygiene and infection prevention solutions and services. The company develops and supplies cleaning and sanitizing chemicals, dispensing equipment, water-treatment systems, pest elimination services and related technologies designed to help businesses maintain clean, safe and efficient operations. Its offerings span both products and onsite services, often paired with technical support and training.

Ecolab serves a broad range of end markets including hospitality and foodservice, food and beverage processing, healthcare, manufacturing and industrial operations, and energy and utilities.

See Also

Dividend History for Ecolab (NYSE:ECL)

Receive News & Ratings for Ecolab Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ecolab and related companies with MarketBeat.com's FREE daily email newsletter.