Cantel Medical Corp. (CMD) To Go Ex-Dividend on July 16th

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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.

Cantel Medical (NYSE:CMD) last posted its quarterly earnings data on Tuesday, June 4th. The company reported $0.55 EPS for the quarter, hitting analysts’ consensus estimates of $0.55. The firm had revenue of $228.55 million during the quarter, compared to analysts’ expectations of $225.95 million. Cantel Medical had a return on equity of 15.52% and a net margin of 6.95%. On average, equities analysts anticipate that Cantel Medical will post 2.35 EPS for the current fiscal year.

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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Dividend History for Cantel Medical (NYSE:CMD)

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