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WASHINGTON - Water solutions company Xylem Inc. (NYSE:XYL) announced Thursday that its Board of Directors has declared a third quarter dividend of $0.40 per share, maintaining its impressive 14-year streak of consecutive dividend raises. The dividend, representing a yield of 1.11%, will be payable on September 25, 2025, to shareholders of record as of August 28, 2025. According to InvestingPro, Xylem has maintained consistent dividend payments for 15 consecutive years.
Xylem, a Fortune 500 company with a market capitalization of $34.5 billion, specializes in water and resource management solutions globally. The company reported revenue of $8.73 billion in the last twelve months and employs approximately 23,000 people worldwide. InvestingPro analysis indicates the company maintains strong financial health, with liquid assets exceeding short-term obligations.
The quarterly dividend announcement comes as part of the company’s regular financial operations. Xylem focuses on providing technology and services for water management across various sectors.
This announcement was made through a press release statement issued by the company.
In other recent news, Xylem Inc. reported a revenue of $8.6 billion for the year 2024, showcasing its significant presence in the water management industry. The company also announced a quarterly dividend of $0.40 per share, payable to shareholders on record by May 29, 2025. In terms of analyst ratings, RBC Capital reiterated an Outperform rating for Xylem, maintaining a price target of $147.00, following a visit to the advanced water treatment equipment system at MIT. JPMorgan initiated coverage with an Overweight rating and a price target of $148.00, citing Xylem’s strong position in the water technology sector and its ongoing integration of Evoqua. Raymond James, however, began coverage with a Market Perform rating, noting both positive and negative factors, such as pricing strategies and corporate restructuring. The restructuring is expected to benefit the company in the long run, with utility capital expenditure cycles supporting future volume growth. These developments reflect Xylem’s strategic positioning and the varied perspectives of analysts on its potential performance.
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