ESCO Technologies Inc. (ESE) to Issue Quarterly Dividend of $0.08 on October 16th

ESCO Technologies Inc. (NYSE:ESE – Get Free Report) announced a quarterly dividend on Wednesday, August 7th, Wall Street Journal reports. Shareholders of record on Wednesday, October 2nd will be given a dividend of 0.08 per share by the scientific and technical instruments company on Wednesday, October 16th. This represents a $0.32 dividend on an annualized [...]

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ESCO Technologies Inc. ( NYSE:ESE – Get Free Report ) announced a quarterly dividend on Wednesday, August 7th, Wall Street Journal reports. Shareholders of record on Wednesday, October 2nd will be given a dividend of 0.

08 per share by the scientific and technical instruments company on Wednesday, October 16th. This represents a $0.32 dividend on an annualized basis and a yield of 0.



25%. The ex-dividend date is Wednesday, October 2nd. ESCO Technologies has a payout ratio of 6.

6% meaning its dividend is sufficiently covered by earnings. Analysts expect ESCO Technologies to earn $4.95 per share next year, which means the company should continue to be able to cover its $0.

32 annual dividend with an expected future payout ratio of 6.5%. ESCO Technologies Stock Performance NYSE ESE opened at $128.

40 on Monday. The company has a quick ratio of 1.39, a current ratio of 2.

10 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $3.

31 billion, a P/E ratio of 33.70 and a beta of 1.08.

ESCO Technologies has a 12-month low of $94.59 and a 12-month high of $130.89.

The firm has a 50-day moving average price of $119.51 and a two-hundred day moving average price of $110.67.

Analysts Set New Price Targets Separately, Stephens boosted their target price on shares of ESCO Technologies from $135.00 to $145.00 and gave the company an “overweight” rating in a research report on Friday.

Check Out Our Latest Stock Report on ESCO Technologies About ESCO Technologies ( Get Free Report ) ESCO Technologies Inc produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through three segments: Aerospace & Defense, Utility Solutions Group, and RF Test & Measurement. The Aerospace & Defense segment designs and manufactures filtration products, including hydraulic filter elements and fluid control devices used in commercial aerospace applications; filter mechanisms used in micro-propulsion devices for satellites; and custom designed filters for manned aircraft and submarines.

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