Amphenol Corporation (NYSE:APH) declared a quarterly dividend on Wednesday, November 1st, Zacks reports. Stockholders of record on Monday, December 18th will be paid a dividend of 0.19 per share by the electronics maker on Wednesday, January 10th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date is Friday, December 15th.

Amphenol has raised its dividend payment by an average of 29.6% per year over the last three years and has raised its dividend annually for the last 5 consecutive years. Amphenol has a dividend payout ratio of 23.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Amphenol to earn $3.42 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 22.2%.

Shares of Amphenol (APH) opened at $89.34 on Friday. Amphenol has a one year low of $66.00 and a one year high of $91.26. The company has a market capitalization of $27,278.98, a P/E ratio of 28.36, a P/E/G ratio of 2.51 and a beta of 0.81. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.27 and a current ratio of 3.04.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, October 25th. The electronics maker reported $0.88 EPS for the quarter, topping the consensus estimate of $0.79 by $0.09. Amphenol had a return on equity of 25.63% and a net margin of 14.73%. The business had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter last year, the firm posted $0.73 earnings per share. The firm’s revenue was up 12.5% on a year-over-year basis. analysts forecast that Amphenol will post 3.21 EPS for the current fiscal year.

In other Amphenol news, CFO Craig A. Lampo sold 10,000 shares of the business’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $89.51, for a total value of $895,100.00. Following the sale, the chief financial officer now directly owns 35,000 shares in the company, valued at $3,132,850. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Diana G. Reardon sold 503,000 shares of the business’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $90.73, for a total value of $45,637,190.00. Following the completion of the sale, the director now owns 260,000 shares in the company, valued at $23,589,800. The disclosure for this sale can be found here. Insiders have sold 849,000 shares of company stock worth $75,518,690 over the last quarter. 2.51% of the stock is currently owned by corporate insiders.

APH has been the subject of a number of research reports. Cowen reissued an “outperform” rating and issued a $95.00 price objective (up previously from $85.00) on shares of Amphenol in a research note on Tuesday, October 10th. Zacks Investment Research cut Amphenol from a “buy” rating to a “hold” rating in a research note on Wednesday, August 30th. Royal Bank Of Canada reissued a “top pick” rating and issued a $85.00 price objective (up previously from $81.00) on shares of Amphenol in a research note on Tuesday, August 29th. SunTrust Banks raised their target price on Amphenol from $77.00 to $82.00 and gave the company a “neutral” rating in a report on Thursday, October 26th. Finally, Deutsche Bank restated a “buy” rating and issued a $95.00 target price (up previously from $80.00) on shares of Amphenol in a report on Thursday, October 5th. Five analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. Amphenol has a consensus rating of “Buy” and a consensus target price of $87.90.

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About Amphenol

Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.

Dividend History for Amphenol (NYSE:APH)

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