The Estee Lauder Companies Inc. (EL) To Go Ex-Dividend on August 31st

The Estee Lauder Companies Inc. (NYSE:EL) declared a quarterly dividend on Tuesday, August 18th. Stockholders of record on Monday, August 31st will be given a dividend of 0.35 per share on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, August 31st.

Estee Lauder Companies has decreased its dividend by an average of 0.1%annually over the last three years. Estee Lauder Companies has a payout ratio of 63.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Estee Lauder Companies to earn $3.95 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 35.4%.

Estee Lauder Companies Price Performance

Shares of NYSE:EL opened at $103.36 on Friday. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 1.79. Estee Lauder Companies has a 1 year low of $66.22 and a 1 year high of $121.64. The business has a fifty day simple moving average of $86.66 and a 200 day simple moving average of $86.45. The firm has a market cap of $37.40 billion, a price-to-earnings ratio of 210.94, a P/E/G ratio of 1.01 and a beta of 1.25.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The firm had revenue of $3.64 billion during the quarter, compared to analysts’ expectations of $3.55 billion. During the same quarter last year, the firm earned $0.09 earnings per share. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, sell-side analysts predict that Estee Lauder Companies will post 3.29 earnings per share for the current fiscal year.

Estee Lauder Companies Company Profile

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.