By the close of today, December 19, 2023, Xylem XYL will issue a dividend payout of $0.33 per share, resulting in an annualized dividend yield of 1.36%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on November 20, 2023.
Xylem Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-20 | 4 | $0.33 | 1.36% | 2023-11-09 | 2023-11-21 | 2023-12-19 |
| 2023-08-30 | 4 | $0.33 | 1.32% | 2023-08-17 | 2023-08-31 | 2023-09-28 |
| 2023-05-26 | 4 | $0.33 | 1.27% | 2023-05-18 | 2023-05-30 | 2023-06-28 |
| 2023-02-21 | 4 | $0.33 | 1.27% | 2023-02-07 | 2023-02-22 | 2023-03-22 |
| 2022-11-21 | 4 | $0.3 | 1.14% | 2022-11-10 | 2022-11-22 | 2022-12-20 |
| 2022-08-31 | 4 | $0.3 | 1.17% | 2022-08-18 | 2022-09-01 | 2022-09-29 |
| 2022-05-25 | 4 | $0.3 | 1.48% | 2022-05-12 | 2022-05-26 | 2022-06-23 |
| 2022-02-16 | 4 | $0.3 | 1.15% | 2022-02-03 | 2022-02-17 | 2022-03-17 |
| 2021-11-22 | 4 | $0.28 | 0.85% | 2021-11-11 | 2021-11-23 | 2021-12-21 |
| 2021-08-25 | 4 | $0.28 | 0.87% | 2021-08-11 | 2021-08-26 | 2021-09-23 |
| 2021-05-26 | 4 | $0.28 | 0.99% | 2021-05-13 | 2021-05-27 | 2021-06-24 |
| 2021-02-17 | 4 | $0.28 | 1.18% | 2021-02-04 | 2021-02-18 | 2021-03-18 |
When comparing Xylem's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Stanley Black & Decker SWK having the highest annualized dividend yield at 3.33%.
Analyzing Xylem Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.96 to $1.20. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Xylem
The earnings chart highlights a decrease in Xylem's earnings per share, declining from $3.01 in 2019 to $2.55 in 2022. This decline in earnings raises a red flag for income-seeking investors, as it suggests a potential decrease in the company's ability to generate cash for dividend payouts. It is essential to closely examine the factors behind this decrease and assess the long-term impact on dividend sustainability.
Recap
This article provides an in-depth analysis of Xylem's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.33 per share, resulting in an annualized dividend yield of 1.36%.
When comparing Xylem's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Stanley Black & Decker having the highest annualized dividend yield at 3.33%.
Given that Xylem has experienced an increase in dividend per share from 2019 to 2022 along with a decrease in earnings per share, it could indicate that the company is prioritizing dividend distribution to shareholders despite challenges in earnings growth.
To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.
[Monitor live stock price updates for Xylem on Benzinga.](https://www.benzinga.com/quote/Xylem (NYSE: XYL))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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