Sensient Technologies stock dividend – Sensient Technologies Corp Announces 0.41 Cash Dividend
May 27, 2023
Dividends Yield
On May 26 2023, Sensient Technologies ($NYSE:SXT) Corp announced a 0.41 cash dividend, payable to shareholders of record on May 5 2023. This is a significant milestone for the company as it has consistently declared an annual dividend per share of 1.64, 1.64, and 1.58 USD for the past 3 years, resulting in an average dividend yield of 2.0%. Consequently, the cash dividend this year provides shareholders with a higher return on their investment than in the past. As a result, any new investors purchasing shares of Sensient Technologies Corp after the ex-dividend date will not receive the dividend.
This is an important factor to consider before making a purchase decision. Sensient Technologies Corp has established itself as one of the leading companies in its industry and its commitment to providing shareholders with a steady stream of dividends is further evidence of its financial strength. The 0.41 dividend payment is one more step the company is taking to ensure that it remains competitive in the ever-changing global marketplace.
Stock Price
On Friday, the stock opened at $72.0 and closed at $72.5, indicating an increase of 0.8% from its previous closing price of $72.0. This increase in stock value may be attributed to the dividend announcement made by the company. Shareholders of record on the record date will be paid the dividend amount on August 2nd. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sensient Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 1.45k | 137.47 | 9.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sensient Technologies. More…
| Operations | Investing | Financing |
| 9.92 | -109.11 | 95.8 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sensient Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.02k | 994.51 | 23.67 |
Key Ratios Snapshot
Some of the financial key ratios for Sensient Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.0% | 22.4% | 13.4% |
| FCF Margin | ROE | ROA |
| -5.4% | 12.2% | 6.0% |
Analysis
As part of our analysis of SENSIENT TECHNOLOGIES‘s wellbeing, GoodWhale conducted a comprehensive review of the company’s cashflows and debt. Based on our findings, we gave SENSIENT TECHNOLOGIES a high health score of 8/10. This score signifies that SENSIENT TECHNOLOGIES is well-equipped to sustain future operations during times of crisis. Furthermore, based on our research, we classified SENSIENT TECHNOLOGIES as a ‘rhino’ type of company. Companies in this category tend to have achieved moderate levels of revenue or earnings growth. Investors who are looking for a company with a strong balance sheet may be interested in SENSIENT TECHNOLOGIES. The company is particularly strong in terms of assets, dividends, and profitability, but weaker in terms of growth. More…
Peers
The competition among Sensient Technologies Corp, Vidhi Specialty Food Ingredients Ltd, Apple Flavor & Fragrance Group Co Ltd, and Symrise AG is intense. All four companies are leaders in the global market for flavors and fragrances. Each company has a strong portfolio of products and a long history of success.
– Vidhi Specialty Food Ingredients Ltd ($BSE:531717)
Vidhi Specialty Food Ingredients Ltd is an Indian company that manufactures food ingredients. The company has a market cap of 18.79B as of 2022 and a Return on Equity of 23.1%. Vidhi Specialty Food Ingredients Ltd’s products include food additives, emulsifiers, stabilizers, and flavors.
– Apple Flavor & Fragrance Group Co Ltd ($SHSE:603020)
Apple Flavor & Fragrance Group Co Ltd is a leading manufacturer of flavors and fragrances. The company has a market cap of 3.86B as of 2022 and a Return on Equity of 4.89%. The company’s products are used in a wide range of industries, including food and beverage, cosmetics, personal care, and home care.
– Symrise AG ($LTS:0G6T)
Symrise AG is a German manufacturer of flavors, fragrances, cosmetic active ingredients, and raw materials. As of 2022, Symrise AG has a market cap of 13.75B and a Return on Equity of 11.16%. The company manufactures and sells flavors, fragrances, cosmetic active ingredients, and raw materials to the food, beverage, fragrance, and cosmetics industries. Symrise AG has approximately 9,000 employees and operates in more than 100 countries.
Summary
SENSIENT TECHNOLOGIES is an attractive investment option for dividend investors. Over the past three years, the company has consistently delivered an average dividend yield of 2%, with dividends per share ranging from 1.58 to 1.64 USD. This steady dividend yield, combined with the strong financial performance of the company, make SENSIENT TECHNOLOGIES a reliable source of dividend income in an uncertain market.
Investors should also evaluate the company’s long-term fundamentals and prospects before investing, and monitor any changes to the dividend structure in the future. Overall, SENSIENT TECHNOLOGIES is a safe bet for investors looking for consistent returns from dividend payments.
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