Agilent Technologies Inc (NYSE:A) Declares $0.16 Quarterly Dividend

Agilent Technologies Inc (NYSE:A) declared a quarterly dividend on Wednesday, May 22nd, RTT News reports. Shareholders of record on Tuesday, July 2nd will be given a dividend of 0.164 per share by the medical research company on Wednesday, July 24th. This represents a $0.66 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Monday, July 1st.

Agilent Technologies has increased its dividend payment by an average of 14.2% annually over the last three years and has increased its dividend every year for the last 3 years. Agilent Technologies has a dividend payout ratio of 24.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Agilent Technologies to earn $3.38 per share next year, which means the company should continue to be able to cover its $0.66 annual dividend with an expected future payout ratio of 19.5%.

Agilent Technologies stock traded down $1.43 during trading on Friday, hitting $68.70. The stock had a trading volume of 2,694,430 shares, compared to its average volume of 2,326,436. Agilent Technologies has a 1 year low of $61.01 and a 1 year high of $82.27. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.82 and a current ratio of 3.41. The company’s 50 day moving average price is $71.67. The firm has a market cap of $21.71 billion, a PE ratio of 24.62, a price-to-earnings-growth ratio of 1.91 and a beta of 1.41.

Agilent Technologies (NYSE:A) last posted its quarterly earnings data on Tuesday, May 14th. The medical research company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.01). Agilent Technologies had a net margin of 22.25% and a return on equity of 19.71%. The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the company posted $0.65 EPS. Agilent Technologies’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, sell-side analysts predict that Agilent Technologies will post 3.05 EPS for the current fiscal year.

A has been the topic of several research analyst reports. Bank of America raised shares of First Horizon National from an “underperform” rating to a “neutral” rating and set a $16.00 price target on the stock in a report on Tuesday, July 16th. Deutsche Bank upped their price target on shares of Alphabet from $1,300.00 to $1,400.00 and gave the stock a “buy” rating in a report on Wednesday, May 15th. Wolfe Research initiated coverage on shares of Waters in a report on Thursday, May 30th. They issued an “underperform” rating on the stock. ValuEngine raised shares of Valmont Industries from a “sell” rating to a “hold” rating in a report on Friday, July 12th. Finally, Barclays set a $330.00 price target on shares of Thermo Fisher Scientific and gave the stock a “buy” rating in a report on Monday, July 15th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $83.92.

Agilent Technologies Company Profile

Agilent Technologies, Inc provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. It operates through three segments: Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emission spectrometry instruments; inductively coupled plasma optical emission spectrometry instruments; raman spectroscopy; cell analysis plate based assays; flow cytometer; real-time cell analyzer; laboratory software and information management and analytics; laboratory automation and robotic systems; dissolution testing; vacuum pumps; and measurement technologies.

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Dividend History for Agilent Technologies (NYSE:A)

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