Church & Dwight Co., Inc. (CHD) To Go Ex-Dividend on February 14th

Church & Dwight Co., Inc. (NYSE:CHD) announced a quarterly dividend on Friday, January 31st,RTT News reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.295 per share on Monday, March 3rd. This represents a $1.18 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Friday, February 14th. This is a positive change from Church & Dwight’s previous quarterly dividend of $0.28.

Church & Dwight has increased its dividend by an average of 4.0% per year over the last three years and has increased its dividend every year for the last 14 years. Church & Dwight has a payout ratio of 29.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Church & Dwight to earn $3.99 per share next year, which means the company should continue to be able to cover its $1.18 annual dividend with an expected future payout ratio of 29.6%.

Church & Dwight Stock Up 0.3 %

Church & Dwight stock opened at $104.85 on Wednesday. The company has a market capitalization of $25.69 billion, a P/E ratio of 44.24, a PEG ratio of 3.35 and a beta of 0.59. Church & Dwight has a fifty-two week low of $96.09 and a fifty-two week high of $113.50. The stock has a 50-day simple moving average of $105.73 and a 200-day simple moving average of $104.42. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.24 and a current ratio of 1.70.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.77 earnings per share for the quarter, meeting the consensus estimate of $0.77. Church & Dwight had a return on equity of 20.03% and a net margin of 9.58%. During the same period in the prior year, the company earned $0.65 earnings per share. Equities research analysts expect that Church & Dwight will post 3.7 earnings per share for the current year.

Insider Activity at Church & Dwight

In other news, EVP Michael Read acquired 1,100 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was acquired at an average price of $106.82 per share, with a total value of $117,502.00. Following the completion of the transaction, the executive vice president now directly owns 2,505 shares in the company, valued at approximately $267,584.10. This represents a 78.29 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ravichandra Krishnamu Saligram sold 10,000 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $106.11, for a total value of $1,061,100.00. Following the sale, the director now owns 32,500 shares in the company, valued at $3,448,575. This trade represents a 23.53 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 102,422 shares of company stock valued at $11,424,351. 2.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have commented on CHD shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Truist Financial boosted their price target on Church & Dwight from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. TD Cowen increased their price objective on Church & Dwight from $114.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Stifel Nicolaus boosted their target price on Church & Dwight from $103.00 to $105.00 and gave the company a “hold” rating in a report on Monday, February 3rd. Finally, Wells Fargo & Company increased their price target on Church & Dwight from $113.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $111.53.

About Church & Dwight

Church & Dwight Co, Inc engages in the development, manufacture, and marketing of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, Specialty Products, and Corporate. The Consumer Domestic segment offers household products, such as laundry detergents, fabric softener sheets, cat litter, and household cleaning products, and personal care products including antiperspirants, oral care products, depilatories, reproductive health products, oral analgesics, nasal saline moisturizers, and dietary supplements.