H. B. Fuller Company (NYSE:FUL) Declares Quarterly Dividend

H. B. Fuller Company (NYSE:FUL) declared quarterly dividend of $ 0.165 per share, or $ 0.66 annualized.

The dividend will be payable on August 6, 2020, to stockholders of record on July 22, 2020, with an ex-dividend date of July 21, 2020.

Dividends History
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Recent Earnings Announcement

H. B. Fuller Company unveiled income for the second quarter of $ 0.61 per share, from the revenue of $ 674.60 million, On adjusted basis, FUL reported income for the quarter of $ 0.68 per share. The quarterly earnings reduced 12.86 percent while revenues down 11.19 percent compared with the same quarter last year. According to street consensus, FUL was expected to report 2Q20 income of $ 0.55 per share from revenue of $ 664.27 million. The bottom line results beat street analysts by $ 0.13 or 23.64 percent, at the same time, top line results topped analysts by $ 10.33 million or 1.56 percent.

Stock Performance

According to the previous trading day, closing price of FUL was $ 43.56, representing a 83.95 % increase from the 52 week low of $ 23.68 and a 16.87 % decrease over the 52 week high of $ 52.40.

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The company has a market capital of $ 2.21 billion and is part of the Basic Materials sector and Specialty Chemicals industry.

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, and other specialty chemical products worldwide. The company operates through five segments: Americas Adhesives, EIMEA, Asia Pacific, Construction Adhesives, and Engineering Adhesives.

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