Investors eagerly anticipate the dividend payout from John Bean Techs JBT on January 02, 2024. With a payout of $0.10 per share and an annualized dividend yield of 0.39%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on December 15, 2023
John Bean Techs Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-15 | 4 | $0.1 | 0.39% | 2023-12-06 | 2023-12-18 | 2024-01-02 |
| 2023-08-18 | 4 | $0.1 | 0.36% | 2023-08-10 | 2023-08-21 | 2023-09-05 |
| 2023-05-24 | 4 | $0.1 | 0.39% | 2023-05-12 | 2023-05-25 | 2023-06-08 |
| 2023-03-03 | 4 | $0.1 | 0.36% | 2023-02-23 | 2023-03-06 | 2023-03-20 |
| 2022-12-16 | 4 | $0.1 | 0.44% | 2022-12-07 | 2022-12-19 | 2023-01-02 |
| 2022-08-19 | 4 | $0.1 | 0.35% | 2022-08-11 | 2022-08-22 | 2022-09-06 |
| 2022-05-25 | 4 | $0.1 | 0.35% | 2022-05-13 | 2022-05-26 | 2022-06-09 |
| 2022-03-04 | 4 | $0.1 | 0.39% | 2022-02-24 | 2022-03-07 | 2022-03-21 |
| 2021-12-10 | 4 | $0.1 | 0.25% | 2021-12-01 | 2021-12-13 | 2021-12-27 |
| 2021-08-20 | 4 | $0.1 | 0.27% | 2021-08-12 | 2021-08-23 | 2021-09-07 |
| 2021-05-26 | 4 | $0.1 | 0.28% | 2021-05-17 | 2021-05-27 | 2021-06-10 |
| 2021-03-05 | 4 | $0.1 | 0.27% | 2021-02-25 | 2021-03-08 | 2021-03-22 |
When comparing John Bean Techs's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Kennametal KMT having the highest annualized dividend yield at 3.10%.
Analyzing John Bean Techs 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 has consistently maintained a dividend per share of $0.40 from 2020 to 2023. This unwavering dividend policy instills confidence in investors, as they can rely on a consistent income stream from the company's dividends.
YoY Earnings Growth For John Bean Techs
Investors can observe a growth in earnings for John Bean Techs from 2020 to 2023, as earnings per share increased from $4.43 to $4.51. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
This article provides an in-depth analysis of John Bean Techs's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.10 per share, resulting in an annualized dividend yield of 0.39%.
When comparing John Bean Techs's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Kennametal having the highest annualized dividend yield at 3.10%.
Even though there has been no change in the dividend per share from 2020 to 2023, the rising earnings per share of John Bean Techs imply a solid financial footing, suggesting the company's ability to consistently reward shareholders with profit distributions.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
[Monitor live stock price updates for John Bean Techs on Benzinga.](https://www.benzinga.com/quote/John Bean Techs (NYSE: JBT))
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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