The Estee Lauder Companies Inc. (NYSE:EL – Get Free Report) declared a quarterly dividend on Thursday, February 5th. Stockholders of record on Friday, February 27th will be given a dividend of 0.35 per share on Monday, March 16th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, February 27th.
Estee Lauder Companies has raised its dividend payment by an average of 0.0%per year over the last three years. Estee Lauder Companies has a dividend payout ratio of 63.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Estee Lauder Companies to earn $2.30 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 60.9%.
Estee Lauder Companies Stock Performance
Shares of EL stock traded down $23.00 on Thursday, reaching $96.62. The stock had a trading volume of 18,406,692 shares, compared to its average volume of 4,134,573. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.92 and a current ratio of 1.32. Estee Lauder Companies has a 1 year low of $48.37 and a 1 year high of $121.64. The stock has a market cap of $34.82 billion, a P/E ratio of -37.45, a price-to-earnings-growth ratio of 1.36 and a beta of 1.14. The company has a 50 day simple moving average of $108.98 and a 200 day simple moving average of $97.31.
About Estee Lauder Companies
Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.
The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.
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