Veralto Corporation (NYSE:VLTO) to Issue Quarterly Dividend of $0.13

Veralto Corporation (NYSE:VLTO) announced a quarterly dividend on Wednesday, May 13th. Investors of record on Tuesday, June 30th will be given a dividend of 0.13 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, June 30th.

Veralto has a payout ratio of 13.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Veralto to earn $4.64 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 11.2%.

Veralto Price Performance

Shares of VLTO opened at $85.30 on Friday. The company has a 50 day moving average of $89.22 and a two-hundred day moving average of $95.49. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. Veralto has a twelve month low of $84.99 and a twelve month high of $110.11. The company has a market cap of $20.95 billion, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 2.42 and a beta of 0.77.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the prior year, the firm posted $0.95 earnings per share. The business’s quarterly revenue was up 6.8% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. As a group, analysts predict that Veralto will post 4.23 earnings per share for the current fiscal year.

Institutional Trading of Veralto

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC purchased a new stake in shares of Veralto during the 4th quarter worth about $25,000. Root Financial Partners LLC acquired a new position in Veralto in the 3rd quarter worth about $27,000. Goodman Advisory Group LLC acquired a new position in Veralto in the 3rd quarter worth about $29,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after purchasing an additional 129 shares in the last quarter. Finally, Board of the Pension Protection Fund purchased a new position in Veralto during the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 91.28% of the company’s stock.

About Veralto

Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications through the Hach, Trojan Technologies, and ChemTreat brands. This segment provides water solutions, including chemical reagents, services, and digital solutions.