GE HealthCare Technologies Inc. (GEHC) to Issue Quarterly Dividend of $0.04 on August 14th

GE HealthCare Technologies Inc. (NASDAQ:GEHC) declared a quarterly dividend on Tuesday, June 30th. Investors of record on Friday, July 24th will be paid a dividend of 0.035 per share on Friday, August 14th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, July 24th.

GE HealthCare Technologies has a payout ratio of 3.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect GE HealthCare Technologies to earn $5.36 per share next year, which means the company should continue to be able to cover its $0.14 annual dividend with an expected future payout ratio of 2.6%.

GE HealthCare Technologies Stock Up 1.3%

NASDAQ:GEHC opened at $64.86 on Thursday. GE HealthCare Technologies has a twelve month low of $58.75 and a twelve month high of $89.77. The firm has a market capitalization of $29.50 billion, a price-to-earnings ratio of 15.52, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72. The company has a quick ratio of 0.95, a current ratio of 1.22 and a debt-to-equity ratio of 0.95. The stock’s 50 day moving average price is $63.95 and its two-hundred day moving average price is $73.47.

GE HealthCare Technologies (NASDAQ:GEHC) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.08). The firm had revenue of $5.13 billion for the quarter, compared to the consensus estimate of $5.04 billion. GE HealthCare Technologies had a return on equity of 20.46% and a net margin of 9.10%.The business’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the company posted $1.01 earnings per share. GE HealthCare Technologies has set its FY 2026 guidance at 4.800-5.000 EPS. Equities research analysts expect that GE HealthCare Technologies will post 4.89 earnings per share for the current fiscal year.

About GE HealthCare Technologies

GE HealthCare Technologies (NASDAQ: GEHC) is a global medical technology and diagnostics company that develops, manufactures and markets a broad range of products and services for healthcare providers. Its portfolio centers on diagnostic imaging systems, including MRI, CT, PET and X-ray modalities, as well as ultrasound equipment. The company also supplies patient monitoring and anesthesia delivery systems, interventional and surgical imaging solutions, and molecular imaging technologies used in both clinical care and research settings.

In addition to hardware, GE HealthCare offers software, analytics and lifecycle services aimed at improving clinical workflows and equipment uptime.