Ecolab announces regular quarterly dividend of $0.65 per share

Published 21/02/2025, 01:14
Ecolab announces regular quarterly dividend of $0.65 per share

ST. PAUL, Minn. - Ecolab Inc . (NYSE:ECL), a global leader in sustainability and hygiene solutions, has declared a regular quarterly cash dividend of $0.65 per common share, representing a 14% year-over-year growth. The dividend is payable on April 15, 2025, to shareholders of record at the close of business on March 18, 2025. According to InvestingPro data, Ecolab has maintained dividend payments for 54 consecutive years.

This dividend announcement underscores Ecolab’s longstanding commitment to its shareholders, marking the 88th consecutive year of cash dividends paid on its common stock. The company’s consistent dividend payments reflect its financial stability and dedication to returning value to its investors. With a "GREAT" financial health score on InvestingPro and a strong Altman Z-Score of 7.09, the company demonstrates robust financial stability.

Ecolab’s operations span more than 170 countries, employing approximately 48,000 associates worldwide. With trailing twelve-month revenue of $15.7 billion and a market capitalization of $75.6 billion, the company has positioned itself as a significant player in the provision of water, hygiene, and infection prevention solutions and services. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading above its intrinsic value, with 12 additional ProTips available for subscribers. Ecolab’s innovative approach to delivering science-based solutions and data-driven insights has been integral to its mission of protecting people and vital resources.

The company’s extensive portfolio serves a diverse range of markets, including the food, healthcare, high tech, life sciences, hospitality, and industrial sectors. Through its comprehensive services, Ecolab aims to enhance food safety, maintain clean and safe environments, and optimize water and energy use for its customers, thereby contributing to their operational efficiencies and sustainability efforts. The company maintains a healthy gross profit margin of 43.5% and generates strong returns on equity of 25%.

This announcement is based on a press release statement from Ecolab Inc.

In other recent news, Ecolab Inc. reported its fourth-quarter 2024 earnings, meeting analysts’ expectations with an earnings per share of $1.81 and slightly surpassing revenue projections at $4.01 billion. This performance highlights Ecolab’s stable market position and effective cost management strategies. Additionally, Ecolab announced the appointment of Michel Doukeris, CEO of AB InBev, to its board as an independent director, bringing his extensive global executive experience and focus on sustainability initiatives to the company. Ecolab also plans significant investments in renewable energy projects, aiming to develop 2.5 gigawatts of renewables and battery storage by 2027. Analyst firms have not reported any recent upgrades or downgrades for Ecolab. The inclusion of Doukeris is part of Ecolab’s efforts to enhance its board with diverse expertise to support its mission and growth plans. The company’s focus on renewable energy aligns with its commitment to sustainability and operational efficiency. These developments reflect Ecolab’s ongoing strategy to drive growth and shareholder value.

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