Church & Dwight Co., Inc. to Issue Quarterly Dividend of $0.28 (NYSE:CHD)

Church & Dwight Co., Inc. (NYSE:CHD) declared a quarterly dividend on Wednesday, October 30th,RTT News reports. Investors of record on Friday, November 15th will be given a dividend of 0.2838 per share on Monday, December 2nd. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Friday, November 15th.

Church & Dwight has increased its dividend payment by an average of 4.3% per year over the last three years and has raised its dividend every year for the last 28 years. Church & Dwight has a payout ratio of 30.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Church & Dwight to earn $3.74 per share next year, which means the company should continue to be able to cover its $1.14 annual dividend with an expected future payout ratio of 30.5%.

Church & Dwight Stock Down 0.7 %

Shares of NYSE:CHD opened at $107.26 on Thursday. The firm’s 50-day moving average is $103.34 and its two-hundred day moving average is $104.00. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.09. Church & Dwight has a 1 year low of $90.26 and a 1 year high of $110.31. The firm has a market capitalization of $26.28 billion, a PE ratio of 48.10, a price-to-earnings-growth ratio of 3.95 and a beta of 0.55.

Church & Dwight (NYSE:CHD) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. Church & Dwight had a return on equity of 19.90% and a net margin of 9.08%. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the company earned $0.74 EPS. Church & Dwight’s revenue for the quarter was up 3.8% compared to the same quarter last year. Analysts predict that Church & Dwight will post 3.45 EPS for the current year.

Insider Buying and Selling

In other Church & Dwight news, Director Bradley C. Irwin sold 13,200 shares of Church & Dwight stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $107.44, for a total value of $1,418,208.00. Following the transaction, the director now owns 37,169 shares in the company, valued at $3,993,437.36. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, Director Bradley C. Irwin sold 13,200 shares of Church & Dwight stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $107.44, for a total value of $1,418,208.00. Following the transaction, the director now directly owns 37,169 shares of the company’s stock, valued at $3,993,437.36. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Arthur B. Winkleblack sold 11,590 shares of the firm’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $103.84, for a total transaction of $1,203,505.60. Following the completion of the transaction, the director now directly owns 7,129 shares in the company, valued at approximately $740,275.36. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 490,613 shares of company stock valued at $50,858,457. Insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on CHD shares. Deutsche Bank Aktiengesellschaft upped their target price on Church & Dwight from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Evercore ISI lowered their target price on shares of Church & Dwight from $110.00 to $101.00 and set an “in-line” rating on the stock in a research report on Monday, August 5th. Barclays cut their target price on shares of Church & Dwight from $86.00 to $85.00 and set an “underweight” rating on the stock in a report on Tuesday, November 5th. JPMorgan Chase & Co. increased their price target on shares of Church & Dwight from $98.00 to $99.00 and gave the stock an “underweight” rating in a research note on Monday, November 4th. Finally, TD Cowen lifted their price objective on shares of Church & Dwight from $114.00 to $117.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Church & Dwight has an average rating of “Hold” and a consensus target price of $108.53.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.