Atmus announces quarterly dividend of $0.05 per share

Published 21/05/2025, 11:54
Atmus announces quarterly dividend of $0.05 per share

NASHVILLE - Atmus Filtration Technologies Inc. (NYSE: ATMU), has declared a quarterly cash dividend of $0.05 per common share, representing an annual yield of 0.52%. The dividend is payable on June 18, 2025, to shareholders on record as of June 3, 2025. This announcement comes from the company’s Board of Directors as they continue a tradition of returning value to its shareholders. According to InvestingPro analysis, the stock is currently trading near its Fair Value.

Atmus Filtration Technologies Inc., with a market capitalization of $3.16 billion, has been a significant player in the filtration industry for over six decades, providing innovative solutions across various markets including truck, bus, agriculture, and construction. The company’s global footprint extends across six continents, ensuring a broad market reach and a diverse customer base. With annual revenue of $1.66 billion and a strong current ratio of 2.23, InvestingPro data shows the company maintains solid financial health.

With its headquarters in Nashville, Tennessee, Atmus employs around 4,500 people worldwide. These employees are part of Atmus’s commitment to a sustainable future through the protection of essential resources with its filtration and media solutions. InvestingPro subscribers can access additional insights, including 7 key ProTips and comprehensive financial analysis in the Pro Research Report.

The declaration of the dividend reflects the company’s financial stability and its strategy to enhance shareholder returns. Atmus’s consistent performance in the filtration sector underpins its ability to maintain a dividend payout to its investors.

This news is based on a press release statement from Atmus Filtration Technologies Inc. and does not include any promotions or subjective assessments. The information provided offers shareholders and potential investors insight into the company’s latest financial distributions.

In other recent news, Atmus Filtration Technologies Inc reported strong financial results for Q1 2025, exceeding analyst expectations. The company achieved an adjusted earnings per share (EPS) of $0.63, surpassing the forecasted $0.50, and reported revenue of $417 million, which was higher than the anticipated $412.3 million. This marks a significant beat for Atmus, aligning with its historical trend of outperforming market expectations. The company maintains a robust position in the aftermarket segment, which contributes to revenue stability. Atmus also announced the launch of new products and the expansion of its manufacturing capabilities. The company projects a revenue increase of up to 4% for 2025, with guidance set between $1.670 billion and $1.735 billion. Analysts from various firms have noted the company’s strong financial health and strategic foresight. Despite facing challenges such as tariffs and weak demand in some markets, Atmus remains confident in its ability to navigate these conditions and deliver value to shareholders.

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