Cantel Medical Corp. (NYSE:CMD) declared a Semi-Annual dividend on Wednesday, June 26th, Zacks reports. Investors of record on Wednesday, July 17th will be given a dividend of 0.10 per share on Wednesday, July 31st. The ex-dividend date of this dividend is Tuesday, July 16th.
Cantel Medical has a payout ratio of 7.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Cantel Medical to earn $2.62 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 7.6%.
Cantel Medical stock opened at $80.70 on Friday. The firm has a market capitalization of $3.37 billion, a P/E ratio of 34.19 and a beta of 1.12. The company has a current ratio of 2.33, a quick ratio of 1.45 and a debt-to-equity ratio of 0.34. Cantel Medical has a one year low of $63.47 and a one year high of $99.68. The firm has a fifty day simple moving average of $75.37.
About Cantel Medical
Cantel Medical Corp. provides infection prevention and control products and services for the healthcare market. The company's Endoscopy segment offers automated endoscope reprocessing systems; infectants and sterilants; detergents; leak testing and manual cleaning products; storage cabinets, transport systems, and mobile medical carts; manual cleaning products; endoscope process tracking products; other consumables, accessories, and supplies for use in disinfect rigid endoscopes, flexible endoscopes, and other instrumentation; and technical maintenance services.
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