GE HealthCare Technologies Inc. (GEHC) To Go Ex-Dividend on January 9th

GE HealthCare Technologies Inc. (NASDAQ:GEHC) announced a quarterly dividend on Monday, November 24th. Shareholders of record on Friday, January 9th will be given a dividend of 0.035 per share on Friday, February 13th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, January 9th.

GE HealthCare Technologies has a payout ratio of 3.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect GE HealthCare Technologies to earn $5.20 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 2.7%.

GE HealthCare Technologies Trading Up 2.0%

Shares of GE HealthCare Technologies stock opened at $86.73 on Wednesday. GE HealthCare Technologies has a fifty-two week low of $57.65 and a fifty-two week high of $94.80. The business’s fifty day moving average is $79.62 and its two-hundred day moving average is $76.41. The company has a quick ratio of 0.95, a current ratio of 1.18 and a debt-to-equity ratio of 0.83. The firm has a market cap of $39.51 billion, a PE ratio of 17.92, a P/E/G ratio of 3.29 and a beta of 1.08.

GE HealthCare Technologies (NASDAQ:GEHC) last released its earnings results on Wednesday, October 29th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.02. GE HealthCare Technologies had a return on equity of 22.52% and a net margin of 10.94%.The firm had revenue of $5.14 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same period in the prior year, the business posted $1.14 earnings per share. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. GE HealthCare Technologies has set its FY 2025 guidance at 4.510-4.630 EPS. Analysts anticipate that GE HealthCare Technologies will post 4.68 earnings per share for the current 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.