FMC Corporation (NYSE:FMC) to Issue Quarterly Dividend of $0.08

FMC Corporation (NYSE:FMC) announced a quarterly dividend on Thursday, July 23rd. Shareholders of record on Wednesday, September 30th will be paid a dividend of 0.08 per share by the basic materials company on Thursday, October 15th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Wednesday, September 30th.

FMC has raised its dividend payment by an average of 0.0%per year over the last three years. FMC has a payout ratio of 8.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect FMC to earn $2.06 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 15.5%.

FMC Stock Performance

FMC stock opened at $11.71 on Friday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.96 and a current ratio of 1.29. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of -0.59 and a beta of 0.38. FMC has a 1 year low of $10.56 and a 1 year high of $43.65. The stock’s fifty day moving average is $11.87 and its two-hundred day moving average is $14.06.

FMC (NYSE:FMC) last released its quarterly earnings results on Wednesday, April 29th. The basic materials company reported ($0.23) EPS for the quarter, topping the consensus estimate of ($0.39) by $0.16. FMC had a negative net margin of 72.93% and a positive return on equity of 10.53%. The business had revenue of $762.40 million during the quarter, compared to analyst estimates of $745.42 million. During the same quarter in the prior year, the firm earned $0.18 earnings per share. The company’s quarterly revenue was down 4.1% on a year-over-year basis. FMC has set its FY 2026 guidance at 1.630-1.890 EPS and its Q2 2026 guidance at 0.160-0.260 EPS. On average, research analysts predict that FMC will post 1.63 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on FMC shares. UBS Group boosted their target price on shares of FMC from $14.00 to $17.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of FMC in a report on Friday, May 29th. Royal Bank Of Canada reduced their price objective on FMC from $14.00 to $12.00 and set a “sector perform” rating for the company in a research report on Tuesday. Mizuho set a $16.00 target price on FMC in a research report on Tuesday, July 14th. Finally, Citigroup reduced their price target on FMC from $17.00 to $14.00 and set a “neutral” rating for the company in a research report on Monday, June 22nd. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $15.54.

FMC Company Profile

FMC Corporation is a global agricultural sciences company specializing in the development, manufacture and marketing of crop protection products. Its portfolio includes herbicides, insecticides, fungicides and plant nutrition solutions designed to enhance crop yield, quality and sustainability. In addition to core crop protection, FMC delivers solutions for turf management and pest control in urban and industrial environments.

Founded in 1883 as the Bean Spray Pump Company and later known as Food Machinery Corporation, the business adopted the FMC name in 1948 and has since evolved through strategic acquisitions and divestitures.