Ecolab Inc. (NYSE:ECL) will begin trading ex-dividend on September 14, 2020. The quarterly dividend payment of $ 0.47 per share is scheduled to be paid on October 15, 2020. The dividend yield based on the latest trading day closing price was 0.93 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Ecolab Inc. recently reported second quarter financial results on July 28, 2020, before market open, provider of water, hygiene, and energy technologies and services communicated income for the second quarter of $ 0.65 per share, from the revenue of $ 2,686.00 million. The quarterly earnings contracted 54.23 percent while revenues down 28.52 percent compared with the same quarter last year.
Wall street analysts are predicting, ECL to report 2Q20 income of $ 0.85 per share from revenue of $ 2844.45 million. The bottom line results missed street analysts by $ 0.2 or 23.53 percent, at the same time, top line results fell short of analysts by $ 158.45 million or 5.57 percent.
Stock Performance
Shares of Ecolab Inc. traded low $ -1.13 or -0.56 percent on Thursday, reaching $ 201.87 with volume of 790.40 thousand shares. Ecolab Inc. has traded high as $ 205.62 and has cracked $ 201.46 on the downward trend
According to the previous trading day, closing price of $ 201.87, representing a 62.92 % increase from the 52 week low of $ 124.60 and a 12.26 % decrease over the 52 week high of $ 231.36.
The company has a market capital of $ 58.83 billion and is part of the Basic Materials sector and Specialty Chemicals industry.
Ecolab Inc. provides water, hygiene, and energy technologies and services worldwide. The company operates through Global Industrial, Global Institutional, Global Energy, and Other segments.
