H.B. Fuller announces quarterly dividend of $0.2350 per share

Published 02/10/2025, 18:46
H.B. Fuller announces quarterly dividend of $0.2350 per share

ST. PAUL, Minn. - H.B. Fuller Company (NYSE:FUL) announced Thursday that its Board of Directors has declared a regular quarterly cash dividend of $0.2350 per share of common stock, representing a 1.6% yield. The dividend will be payable on October 30, 2025, to shareholders of record at the close of business on October 16, 2025.

The adhesives manufacturer has maintained a consistent record of dividend payments, having paid quarterly cash dividends on its common stock for 57 consecutive years, with 32 consecutive years of dividend increases, according to InvestingPro data.

H.B. Fuller describes itself as the largest pureplay adhesives company globally, with 2024 revenue of $3.6 billion. The company, currently valued at $3.17 billion and maintaining a GOOD financial health score according to InvestingPro, manufactures functional coatings, adhesives, and sealants used in various consumer and industrial products. InvestingPro analysis suggests the stock is currently trading below its Fair Value.

The company employs approximately 7,500 people worldwide and operates across more than 30 market segments in over 140 countries. For detailed analysis and additional insights, including 6 more exclusive ProTips, check out the comprehensive Pro Research Report available on InvestingPro.

In other recent news, H.B. Fuller Company reported its third-quarter earnings, with earnings per share (EPS) of $1.26, slightly exceeding the forecast of $1.25. However, the company’s revenue fell short of expectations, coming in at $892 million compared to the anticipated $896.55 million. Despite the revenue miss, Seaport Global Securities upgraded H.B. Fuller’s stock rating from Neutral to Buy, citing confidence in the company’s margin expansion potential. The research firm highlighted H.B. Fuller’s efforts in pricing, procurement, portfolio repositioning, and manufacturing optimization as key factors in its improved EBITDA margin by 110 basis points year-over-year. These developments reflect the company’s strategic initiatives to enhance its financial performance amidst volume declines. Investors are paying close attention to these recent developments, as they provide insight into H.B. Fuller’s operational efficiency and future growth prospects.

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