Dentsply Sirona Announces Quarterly Dividend

Trending News 🌥️

Dentsply Sirona ($NASDAQ:XRAY), a leading provider of dental and oral health products and services, has announced a quarterly dividend of $0.125 per share. This is in line with the previous dividend and is payable on October 14 to shareholders of record as of September 30. The ex-dividend date is September 29.

Dentsply Sirona’s products and services are used by dentists, dental labs, and other oral health care professionals worldwide. The company’s products include dental implants, crowns and bridges, teeth whitening products, and more.

Dividends

Dentsply Sirona, a leading dental products company, has announced a quarterly dividend of 0.43 USD per share for the fourth quarter of FY2021. This dividend is in addition to the dividends of 0.43 USD per share that were issued for the last two years. The company’s dividend yields for the years 2021 to 2021 are 0.74%, 0.74%, and 0.74%. Thus, the three-year average dividend yield of Dentsply Sirona is 0.74%.

Stock Price

On Wednesday, Dentsply Sirona stock opened at $29.50 and closed at $29.80, up by 1.5% from its previous closing price of $29.40.

VI Analysis

The company’s fundamentals reflect its long-term potential, and the below analysis of DENTSPLY SIRONA is made simple by the VI app. According to the VI Star Chart, DENTSPLY SIRONA is classified as ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. Due to its moderate growth rate, such company is deemed less risky and volatile as it pursues a sustainable growth rate.

DENTSPLY SIRONA has a high health score of 7/10 considering its cashflows and debt, and is capable to pay off debt and fund future operations. The company is strong in dividend, profitability, and medium in growth, but weak in asset.

Summary

Dentsply Sirona is a great investment for several reasons.

First, the company is a leader in dental technology, which is a growing industry. Second, the company has a strong financial position, with a solid balance sheet and strong cash flow. Third, the company pays a dividend, which provides income for shareholders. Finally, the company’s stock is reasonably priced, making it a good value for investors.