H.b. Fuller dividend yield – H.B. Fuller Increases Quarterly Dividend by Nearly 8%

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The company is a leader in its industry, providing innovative solutions to industrial, construction, and consumer markets worldwide. Recently, H.B. ($NYSE:FUL) Fuller has announced an increase to its quarterly dividend by 7.9%, bringing it up to $0.205 per share. This marks the fourth straight year that H.B. Fuller has increased its dividend, as the company continues to demonstrate its commitment to value creation for its shareholders. With this dividend increase, H.B. Fuller further strengthens its status as a profitable and reliable stock to invest in, offering strong growth and income potential for investors.

Dividends – H.b. Fuller dividend yield

H.B. Fuller has announced an increase of nearly 8% in its quarterly dividend per share. This is a continuation of the company’s long-term commitment to dividend payouts, with dividends being issued annually over the last three years at a rate of 0.76, 0.74 and 0.66 USD per share respectively. The yield from dividend payments for 2021, 2022 and 2023 are calculated to be 1.11%, 1.08% and 1.17% respectively, bringing the average dividend yield to 1.12%. This move is expected to increase appreciation for the company’s stock, as well as providing more incentive for investors to remain committed to H.B. Fuller.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for H.b. Fuller. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for H.b. Fuller. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for H.b. Fuller. More…

Key Ratios Snapshot

Some of the financial key ratios for H.b. Fuller are shown below. More…

Price History

H.B. Fuller recently announced that they have increased their quarterly dividend by nearly 8%, a move which has been met with much positivity from both investors and stockholders. On Thursday, the company’s stock opened at $64.8 and closed at $64.1, down by 1.5% from previous closing price of 65.1. This small decrease in the value of the stock is not indicative of any underlying issues, and investors remain confident that the increase in dividends will help to support the company’s long-term prospects and further increase the value of their investments. With their recent investment in research and development, H.B. Fuller is set to continue to be a leader in their industry and a reliable source of steady growth for their shareholders. Live Quote…

Analysis

At GoodWhale, we recently conducted an analysis of H.B. FULLER to evaluate its wellbeing. After careful evaluation, our Risk Rating concluded that H.B. FULLER is a medium risk investment in terms of both financial and business aspects. We have also detected 2 risk warnings in its balance sheet, non-financial in nature. To get a detailed view of these potential risks, users need to become a registered user on our platform. With access to more in-depth analysis, we hope this will help users make more informed decisions when deciding to invest in H.B. FULLER. More…

Peers

H.B. Fuller Company competes with Essentra PLC, Ester Industries Ltd, and Balchem Corporation in the global adhesives market. The company has a strong product portfolio and offers a wide range of adhesives products for various applications. It has a strong research and development team that supports the company in developing new and innovative products. The company has a strong brand name and offers its products at competitive prices.

– Essentra PLC ($LSE:ESNT)

Essentra PLC is a multinational company that manufactures and sells small plastic and fibre products. Some of their products include cigarette filters, plastic caps and closures, and healthcare packaging. The company has a market cap of 636.57M as of 2022 and a Return on Equity of 5.25%.

– Ester Industries Ltd ($BSE:500136)

Ester Industries Ltd is a publicly traded company with a market capitalization of 14.81 billion as of 2022. The company has a return on equity of 23.17%. Ester Industries Ltd is engaged in the business of manufacturing and marketing of synthetic resins. The company has a strong presence in the Indian market with a market share of around 70%.

– Balchem Corp ($NASDAQ:BCPC)

Balchem Corporation, together with its subsidiaries, develops, manufactures, and markets specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, and medical sterilization industries in the United States and internationally. It operates in three segments: Specialty Products, Industrial Products, and Animal Nutrition & Health Products. The company was founded in 1967 and is headquartered in New Hampton, New York.

Summary

H.B. Fuller has experienced a 7.9% increase in their quarterly dividend rate, raising it to $0.205/share. This represents a strong signal of confidence from the company and may mark the beginning of a long-term trend of improved financial stability. Investors should analyze H.B. Fuller’s financial health including its past performance with dividend rates, earnings per share, and return on equity. Other factors to look into include their debt-to-equity ratio, cash flow, and management’s long-term strategy.

A deeper analysis should also consider the company’s competitive landscape, pricing strategies, operational efficiency, and potential growth drivers. With a comprehensive analysis, investors can make an informed decision on whether to invest in H.B. Fuller or not.