JBT Marel Corporation (JBTM) to Issue Quarterly Dividend of $0.10 on March 23rd

JBT Marel Corporation (NYSE:JBTM) announced a quarterly dividend on Thursday, February 26th. Investors of record on Monday, March 9th will be paid a dividend of 0.10 per share on Monday, March 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th.

JBT Marel Stock Performance

JBTM stock opened at $153.94 on Friday. The company has a 50 day moving average price of $158.61 and a 200 day moving average price of $146.23. JBT Marel has a fifty-two week low of $90.08 and a fifty-two week high of $170.19. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.98 and a quick ratio of 0.53. The stock has a market capitalization of $8.00 billion, a PE ratio of -152.42, a price-to-earnings-growth ratio of 1.39 and a beta of 1.01.

JBT Marel (NYSE:JBTM) last announced its quarterly earnings data on Monday, February 23rd. The company reported $1.98 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $0.06. The firm had revenue of $1.01 billion for the quarter. JBT Marel had a positive return on equity of 7.68% and a negative net margin of 1.33%.The firm’s quarterly revenue was up 115.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.70 earnings per share. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Analysts forecast that JBT Marel will post 5.21 EPS for the current year.

About JBT Marel

JBT Marel Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.