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ST. PAUL, Minn. - H.B. Fuller Company (NYSE:FUL), a global leader in industrial adhesives with a current market capitalization of $2.9 billion, announced Monday an increase in its regular quarterly cash dividend, marking a consistent rise for the 56th year in a row. The dividend per share of common stock will rise from $0.2225 to $0.2350, a 5.6% increase, resulting in a current dividend yield of 1.65%. This new dividend is scheduled to be paid on May 13, 2025, to shareholders who are on record as of April 29, 2025. According to InvestingPro data, the company has maintained consistent dividend payments for 55 consecutive years, demonstrating strong commitment to shareholder returns.
H.B. Fuller, with a history dating back to 1887, has grown to become the world’s largest pure-play adhesives company. It reported revenues of $3.6 billion in 2024, maintaining a healthy gross profit margin of 29.9%. The company’s extensive portfolio includes functional coatings, adhesives, and sealants that are integral to the quality, safety, and performance of everyday products. With over 7,500 team members worldwide, H.B. Fuller serves a diverse range of market segments in more than 140 countries, tailoring highly specified solutions to meet customer needs. InvestingPro analysis indicates the company maintains a strong financial health score of "GOOD," with liquid assets exceeding short-term obligations.
This dividend increase reflects the company’s long-standing commitment to delivering shareholder value and its confidence in the financial strength and stability of the business. Dividend growth is often seen as a positive signal to investors about a company’s future performance and its ability to generate cash flow. Based on InvestingPro’s Fair Value analysis, the stock currently appears slightly undervalued, suggesting potential upside for investors. Discover more insights and 8 additional ProTips about H.B. Fuller in the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
The information regarding the dividend increase is based on a press release statement from H.B. Fuller Company.
In other recent news, H B Fuller Company reported its first-quarter 2025 financial results, surpassing analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $0.54, exceeding the projected $0.50, and revenue reached $789 million, above the anticipated $769.56 million. The company’s organic revenue grew by 1.9% year-over-year, with EBITDA hitting $114 million, aligning with the high end of its guidance range. Despite mixed market conditions, H B Fuller maintained a strong market position in key segments like automotive and structural adhesives.
The company projects a net revenue decline of 2-4% for the full year, with organic revenue expected to remain flat or increase by up to 2%. Adjusted EBITDA is anticipated to be between $600 million and $625 million, with adjusted EPS ranging from $3.90 to $4.20. CEO Celeste Masten emphasized H B Fuller’s resilience and strategic focus on innovation and cost optimization. The company aims to improve margins in the remaining quarters of the year.
In terms of market dynamics, supply chain disruptions and macroeconomic pressures, including inflation, pose challenges. However, H B Fuller continues to execute its long-term strategic plan to optimize its portfolio mix and streamline its manufacturing cost structure. Analysts from Baird and Vertical Research Partners discussed the company’s market share gains and pricing strategies, particularly in the hygiene and flexible packaging segments.
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